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Sombari

Tiriya

Agripreneur

Mayurbhanj, Odisha

318 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sombari

Tiriya

#Hardworking
Support Sombari to make crop recurring deposits and arrange borewell and drip irrigation

Agripreneur

Odisha

318 potential days of livelihood

25,000 loan is fully repaid

25,000 loan is fully repaid


About Sombari

Sombari Tiriya, who resides in the land of Mayurbhanj, in the state of Orissa, especially likes the season of monsoon and rabi (a rainy season). Sombari enjoys spending the monsoon season farming, with her family. Monsoon is the time when her crops receive sufficient water from the sky, which eventually leads to a better yield of crops. which is yet another reason for Sombari to look forward to farming in the future, considering it as her family's major source of income and remuneration.

About Sombari Tiriya's livelihood

Sombari is an agripreneur who works 7 hours a day for 7 days a week. With this loan Sombari will potentially obtain employment for 318 days.

Interest Rate

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

25,000

Loan
tenure

15 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