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Salge

Soren

Agripreneur

Keonjhar, Odisha

156 livelihood days

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Salge

Soren

#hustler#resilient
Support Salge to make arrangements for irrigation and set up solar system.

Agripreneur

Odisha

156 potential days of livelihood

₹ 12,000 loan is fully repaid

₹ 12,000 loan is fully repaid

About Salge

Salge Soren has been farming independently for the last four years. She buys quality fertilizers and seeds, and also agricultural equipment for better yield. Her main source of income is farming, but his income is not stable. However, with the loan from Rang De, she can meet all her credit needs for the upcoming season. She needs a little support to cover her irrigation needs by getting a borewell and setting up a drip irrigation system and a solar system. With a little help from Rang De, she can improve her productivity, and increase her income from farming. Support Salge Soren now!

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.

Investee
pays

3.00% flat p.a.

5.40% APR

Social
Investor

2.00%

3.60% APR

Impact
Partner

up to 0.00%

0.00% APR

Platform
charges

1.00%

1.80% APR

Loan Details

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

Loan
amount

₹ 12,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Farming

Investee Credit Rating:
Very Good

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

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

Proceed to Pay

3

Total: ₹3000

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