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Salma

Majhi

Agripreneur

kendujhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Salma

Majhi

#passionate#achiever
Support Salma to get borewell and drip irrigation and install solar system.

Agripreneur

Odisha

156 potential days of livelihood

11,000 loan is fully repaid

11,000 loan is fully repaid


About Salma

Salma is a very energetic, goal-oriented, and determined woman, who has always proved her capabilities in life. Salma earns her livelihood by farming on her small piece of land. With this loan, she will be able to get a borewell to make her farming process more efficient and support her to install drip irrigation and a solar system. She hopes to water her crops well and get a good yield this season. Salma's hard work and the income she will generate from farming will support and educate her children. Invest in Salma's farm!

About Salma Majhi's livelihood

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

11,000

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