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Sasmita

Nayak

Agripreneur

Keonjhar, Odisha

117 livelihood days

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Sasmita

Nayak

#Hardworking
Sasmita needs credit to build a shed for her chickens.

Agripreneur

Odisha

117 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Sasmita

Sasmita is a hard-working woman who has been raising chickens for the past four years. She's looking for a loan to build a special shed which will allow her to produce more eggs; she'll sell the excess eggs and use the money to buy more chickens and invest in her future.

About Sasmita Nayak's livelihood

Sasmita is an agripreneur who works 3 hours a day for 6 days a week. With this loan Sasmita will potentially obtain employment for 117 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sasmita Nayak 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

10,000

Loan
tenure

9 months

Moratorium

3 months

Repayment
mode

EMI

Investee
occupation

Animal husbandry

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