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Rimisi

Majhi

Agripreneur

Keonjhar, Odisha

15,000 has been disbursed

130 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Rimisi

Majhi

#Optimistic#Hardworking
Support Rimisi arrange irrigation facilities on her farm and have a successful season.

Agripreneur

Odisha

15,000 has been disbursed

130 potential days of livelihood

6,058 is
the current outstanding balance

59.61 0 0 40.39 8942 0 0 6058

60%

0%

0%

40%


About Rimisi

Rimisi is a hard-working farmer who lives with her husband and children on a two-hectare farm in Keonjhar. Farming has become increasingly challenging for her because of the irregular rains that often affects the key crops. This has led to a considerable decrease in the family's income during the last few years. Undeterred by these hurdles, Rimisi knows that when she thinks of improving her farming techniques, she will have better results. This loan will be used to purchase irrigation facilities that are required on her land. The additional income will help her family lead a more stable life. Be a partner with Rimisi to have a successful farming season.

About Rimisi Majhi's livelihood

Rimisi is an agripreneur who works 4 hours a day for 5 days a week. With this loan Rimisi will potentially obtain employment for 130 days.

Interest Rate

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

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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS