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Sangita

Majhi

Agripreneur

Mayurbhanj, Odisha

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sangita

Majhi

#breadwinner# inclusiveentrepreneurs# hardworking# innovation
Sangita Majhi is looking to grow her puffed rice manufacturing unit.

Agripreneur

Odisha

364 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sangita

Sangita and her husband set up a small puffed rice business and together they took this small business and have turned it into something big. She utilizes today's resources to grow her business and is always looking for new ways to improve her production processes. The extra income from this loan will help her to buy more puffed rice manufacturing tools, machinery and raw materials , which will improve the quality of her products. Invest in Sangita as she wins for her family.

About Sangita Majhi's livelihood

Sangita is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sangita will potentially obtain employment for 364 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sangita Majhi has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Agro products

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS