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Sasmita

Naik

Agripreneur

Kendujhar, Odisha

364 livelihood days

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Sasmita

Naik

#provider#resilient
Invest in Sasmita to build a shed for running her backyard poultry business.

Agripreneur

Odisha

364 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Sasmita

Sasmita is a hard-working woman from the Kendujhar district of Odisha. She earns her living out of farming, as her family still does not have any other significant source of income. She runs a successful poultry business by selling the eggs to her neighbors and the local market. With a little help, she will be able to build a good shed and purchase more chicks for her backyard poultry business. This farm-based business offers excellent income opportunities with low operational costs. Her family will also benefit by eating fresh eggs and meat. Invest in Sasmita to make her business even more profitable.

About Sasmita Naik's livelihood

Sasmita is an agripreneur who works 8 hours a day for 7 days a week. With this loan Sasmita 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. Sasmita Naik 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

8,000

Loan
tenure

9 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