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Reena

Soren

Agripreneur

Keonjhar, Odisha

234 livelihood days

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Reena

Soren

#achiever#resilient
Support Reena to get irrigation system and make crop recurring charges.

Agripreneur

Odisha

234 potential days of livelihood

21,000 loan is fully repaid

21,000 loan is fully repaid


About Reena

Reena is the chief breadwinner of her family, and her goal is to bring happiness to her husband and children. She is a farmer for over three years and this experience has made her an expert. She needs a loan to invest in the upcoming sowing season. The loan will help to cover the recurring cost of farming and arrange a borewell and a drip irrigation system for her farm. She also plans to install a solar system to meet the power needs of her farm. With the profit from this season, Reena will be able to provide her children with a good education. Invest in Reena to have a good season!

About Reena Soren's livelihood

Reena is an agripreneur who works 6 hours a day for 6 days a week. With this loan Reena will potentially obtain employment for 234 days.

Interest Rate

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

21,000

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