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Ranjita

Nayak

Agripreneur

Keonjhar, Odisha

117 livelihood days

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Ranjita

Nayak

#provider#resilient
Enable Ranjita to get a shed for running her backyard poultry business.

Agripreneur

Odisha

117 potential days of livelihood

11,000 loan is fully repaid

11,000 loan is fully repaid


About Ranjita

Ranjita Nayak sells chicken eggs and other chicken products to local markets and shops. She has a small patch of land which is quite insufficient for rearing birds in. Without a shed, Ranjita is unable to keep the birds under proper conditions, which negatively impacts her product quality. The loan will allow Ranjita to build a shed on her plot of land, which will enable her to sell better-quality eggs without compromising on the conditions of rearing the birds. With Ranjita’s experience in poultry farming, this business is set to grow, and the earnings will help her make progress in her life. Support her now!

About Ranjita Nayak's livelihood

Ranjita is an agripreneur who works 3 hours a day for 6 days a week. With this loan Ranjita will potentially obtain employment for 117 days.

Interest Rate

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

11,000

Loan
tenure

9 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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