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Saita Majhi

#resilient#passionate
Invest in Saita to enable her to purchase seeds and fertilizers for the sowing season.

Agripreneur

Koraput, Orissa

10,000 has been disbursed

312 potential days of livelihood i

2,000 is the current outstanding balance

80 0 20 8000 2000 0

80%

20%

0%


Saita is from Koraput, Orissa, and lives alone. Through her twenty-five years of farming, she has experienced a number of challenges. However, Saita has always been strong. She has faced every hurdle with her perseverance. The COVID-19 pandemic has, however, brought with it, an entirely new set of challenges. With the sowing season starting, Saita is finding it difficult to avail quality input goods while making sure that essentials are available at home at all times. Saita is seeking credit to purchase seeds, fertilizers, and other input products to ensure that her livelihood is not affected. She also needs to fence her field. Invest in Saita today.

I wish to purchase two goats to expand my business.

About Saita Majhi's livelihood

Saita is an agripreneur who works 8 hours a day for 6 days a week. With this loan Saita will potentially obtain employment for 312 days.

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

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

10,000

Loan
tenure

6 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit
bureau
score i

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Harsha Trust

Orissa
Partner since 2020

About

Harsha Trust works collaboratively with NGOs, government and corporations to enable small and marginal farmers to increase their income. It primarily implements grassroots development projects for sustainable natural resource/enterprise-based livelihood generation and better health of communities.

Impact Narrative

With institutional credit drying up, Rang De has joined forces with Harsha Trust to provide small and marginal farmers interest free loans to purchase seeds and fertilisers for the Kharif season.

Rs 3,17,96,000

Disbursed

2011

Investees

100%

Repayments

The credit need among our community members is immediate. The timely credit from Rang De will help the farmers to grow the Kharif crop to their full capacity ensuring income and nutrition in their household during this time of uncertainty.

- Kallul Bora, Executive Director, Harsha Trust

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