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Siniga

Majhi

Agripreneur

Keonjhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Siniga

Majhi

#breadwinner#provider
Invest in Siniga's poultry yard.

Agripreneur

Odisha

156 potential days of livelihood

9,000 loan is fully repaid

9,000 loan is fully repaid


About Siniga

Siniga Majhi is a resident of Keonjhar and is working on a poultry business owned by her deceased husband; she wants to increase her family's income by expanding her business. She knows that she has to invest on practical poultry tools like brooder, medicines, and vaccination to aid in the healthy survival of chicks. This loan of 30, 000 INR will help Siniga to invest more on the tools which will be a great aid to her family and increase their income. Siniga's perseverance, diligence and experience in this field makes her eligible for this loan. She will be able to maintain her family's well-being with the income produced by selling chicks and eggs. Show Siniga how to make your dreams come true.

About Siniga Majhi's livelihood

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

9,000

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