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Suchismita

Mahanta

Agripreneur

Keonjhar, Odisha

117 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Suchismita

Mahanta

#breadwinner#positive
Suchismita needs to get a shed for running he backyard poultry business.

Agripreneur

Odisha

117 potential days of livelihood

₹ 10,000 loan is fully repaid

₹ 10,000 loan is fully repaid

About Suchismita

Suchismita Mahanta is the breadwinner of her family of four in Keonjhar, Odisha. She runs a backyard poultry business to support her family. Suchismita has been planning to get a new shed for her chickens but she lacks enough funds. She is requesting financial help from Rang De to fulfill her dream. The shed will help to run the poultry business properly. She will be able to grow and breed more chickens and increase the production of eggs. She can enjoy a better income and better life with the help of this loan. Invest in her now!

About Suchismita Mahanta's livelihood

Suchismita is an agripreneur who works 3 hours a day for 6 days a week. With this loan Suchismita 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. Suchismita Mahanta 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

Proceed to Pay

3

Total: ₹3000

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