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Salama

Murmu

Agripreneur

Kendujhar, Odisha

156 livelihood days

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Salama

Murmu

#courageous#believer
Salama needs credit to set up irrigation and pay the crop recurring costs.

Agripreneur

Odisha

156 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Salama

Salama is a resident of Kendujhar district in Odisha, where she operates her family farm. She owns and cultivates one and a half acres of land. Salama needs credit to set up irrigation and pay the crop recurring costs. The loan will be used for digging a borewell, arranging a drip irrigation system, setting up a solar system, and paying the crop recurring costs for a good and hassle-free farming season. She will be able to provide better care to her plants and get a good yield at the end of the season. Support Salama as she wishes to lead a better life!

About Salama Murmu's livelihood

Salama is an agripreneur who works 4 hours a day for 6 days a week. With this loan Salama will potentially obtain employment for 156 days.

Interest Rate

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

10,000

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