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Ramaya

Tudu

Agripreneur

Kendujhar, Odisha

52 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Ramaya

Tudu

#Hardworking
Ramaya needs credit to arrange irrigation and pay the crop recurring costs.

Agripreneur

Odisha

52 potential days of livelihood

15,000 loan is fully repaid

15,000 loan is fully repaid


About Ramaya

Ramaya is a hardworking man who has been able to make a living for his family through his farming. His hard work has not gone unnoticed and he is recognized as a community leader. Ramaya hopes to purchase a good irrigation system to ensure that his crops get water at all times. This will increase production and yield. He needs a loan to get a borewell dug for his farm, arrange drip irrigation, and install a solar system. He will also pay the crop recurring costs for a good farming season. Support him now to have a profitable yield.

About Ramaya Tudu's livelihood

Ramaya is an agripreneur who works 2 hours a day for 4 days a week. With this loan Ramaya will potentially obtain employment for 52 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Ramaya Tudu 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

15,000

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'

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS