₹ 1,333.24 is
the current outstanding balance
93%
0%
0%
7%
Santilata Bari is a resident of Mayurbhanj, a mother of two children, and a wife of a daily wager. She needs this loan for improving the irrigation facility at her farm. She has been in this business for the past three years. She wants a prosperous future for her children and dreams of becoming an entrepreneur. Invest in Santilata to help her realize her dreams and gain a sound future for her family.
Santilata is an agripreneur who works 3 hours a day for 6 days a week. With this loan Santilata will potentially obtain employment for 117 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Santilata Bari 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 20,000
Loan
tenure
15 months
Moratorium
3 months
Repayment
mode
EMI
Investee
occupation
Farming
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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