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Raimat

Hansdah

Agripreneur

Mayurbhanj, Odisha

10,000 has been disbursed

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Raimat

Hansdah

#Hardworking#optimistic
Support Raimat arrange irrigation facilities on her farm and have a successful season.

Agripreneur

Odisha

10,000 has been disbursed

156 potential days of livelihood

3,307.2 is
the current outstanding balance

66.93 0 0 33.07 6693 0 0 3307

67%

0%

0%

33%


About Raimat

Raimat is a hard-working woman and a resident of Mayurbhanj. Her family consists of two boys and three girls; all of them are minors and attend school. Due to a shortage of water in her village, Raimat can only use irrigation after purchasing water from a nearby market and this often leads to failure in the growth of crops. To tackle this problem, Raimat will invest in sustainable irrigation facilities such as a drip irrigation system with this loan. Raimat believes that her loan will not only improve her business but also support her family's future.

About Raimat Hansdah's livelihood

Raimat is an agripreneur who works 4 hours a day for 6 days a week. With this loan Raimat 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. Raimat Hansdah 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