false
false 0 0 zeEFWM4EeU

Salge

Soren

Agripreneur

Keonjhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Salge

Soren

#ambitious#positive
Salge needs credit to pay for crop recurring deposits, borewell and drip irrigation.

Agripreneur

Odisha

156 potential days of livelihood

17,000 loan is fully repaid

17,000 loan is fully repaid


About Salge

Salge Soren lives in a village in the district of Keonjhar. Salge is a hardworking lady farmer who grows various crops like vegetables, fruits, castor and pulses. Salge owns a small piece of land which she cultivates for income. As the new season is around the corner, Salge needs credit to pay for crop recurring deposits, borewell and drip irrigation. She will install a solar panel as well. This loan will enable Salge to meet the immediate credit needs and start the season on time. Support Salge as she hopes for a better yield.

About Salge Soren's livelihood

Salge is an agripreneur who works 4 hours a day for 6 days a week. With this loan Salge 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. Salge 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

17,000

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