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Subasini

Munda

Agripreneur

Keonjhar, Odisha

15,000 has been disbursed

130 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Subasini

Munda

#Determined#Ambitious
Support Subasini arrange irrigation facilities on her farm and have a successful season.

Agripreneur

Odisha

15,000 has been disbursed

130 potential days of livelihood

7,997 is
the current outstanding balance

46.69 0 0 53.31 7003 0 0 7997

47%

0%

0%

53%


About Subasini

Subasini is a resident of Keonjhar who owns a small piece of land that she uses to grow lentils and vegetables. In the past six years, she has been able to create most of her own necessities through her hard work and resilience. This year, the entire Keonjhar area was badly hit by a drought, making her land less productive, and now she has been left with no other option but to apply for a loan to purchase irrigation facilities. If this loan is approved and she gets the irrigation facilities, she will be able to have a successful season and help carry on with her family's livelihood.

About Subasini Munda's livelihood

Subasini is an agripreneur who works 4 hours a day for 5 days a week. With this loan Subasini will potentially obtain employment for 130 days.

Interest Rate

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

15,000

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'

whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS