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Phula

Majhi

Agripreneur

Keonjhar, Odisha

10,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Phula

Majhi

#ambitious#passionate
Support Phula to make crop recurring deposits and set up irrigation.

Agripreneur

Odisha

10,000 has been disbursed

156 potential days of livelihood

3,150.58 is
the current outstanding balance

68.49 0 0 31.51 6849 0 0 3151

68%

0%

0%

32%


About Phula

Phula is a simple woman with a clear vision. She is working hard, striving to provide a bright future for her family, especially for her beloved children. This loan will enable her to continue her work and improve upon her family's living situation. With the onset of a new season, Phula needs to make crop recurring deposits and arrange irrigation on her farm. She will get a borewell and drip irrigation system for better irrigation and install a solar system also. She hopes that with these added facilities, she will be able to cultivate her crops well and get a good yield. Invest in Phula today!

About Phula Majhi's livelihood

Phula is an agripreneur who works 4 hours a day for 6 days a week. With this loan Phula will potentially obtain employment for 156 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Phula Majhi has consented to pay the interest as below:

Investee
pays

3.00% flat p.a.

5.40% APR

Social
Investor

2.00%

3.60% APR

Platform
charges

1.00%

1.80% APR

Loan Details

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Collectives for Integrated Livelihood Initiatives
   
Partner logo

Established in

2007

With Rang De from

2021

Founded by

TODO

Collectives for Integrated Livelihood Initiatives(CInI), Janshedpur,, established on May 17,2007 is a nodal agency of tata trusts, anchoring the Central India Initiatives. CInI aims to transform the lives of tribal households in the Central India tribal belts, through building knowledge & scaling up programs in thematic area of agriculture productivity stabilization, forest based livelihoods, water resources development, drinking water & sanitization, microfinance & strengthening community based organisation. CInI work on Lakhpati Kisan Initiatives: creating 'Lakhpati Kisan' & building 'Smart Villages'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS