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Sukhi

Majhi

logoAgripreneur

logo Keonjhar, Odisha

logo 8,000 has been disbursed

logo 156 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sukhi

Majhi

#Hardworking
Support Sukhi to arrange borewell irrigation

logoAgripreneur

logo Keonjhar, Odisha

logo 8,000 has been disbursed

logo 156 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

5,690.25 is
the current outstanding balance

100 0 0 2310 0 0

100%

0%

0%


Sukhi's loan request was submitted in order to ensure that she and her family are supplied with enough water, a commodity which is extremely important for survival. Water is ever-present in Sukhi's life; she relies on it for every single aspect of her life. Like her fellow tribals and farmers, she lives from harvest to harvest. When she is able to grow a successful crop, she earns a good income for her family, but when there is a failure, she is hit very hard. This loan will help her in exploring the borewell irrigation system and purchasing the needed equipment for the same.

To make a lakhpati kissan

About Sukhi Majhi's livelihood

Sukhi is an agripreneur who works 4 hours a day for 6 days a week. With this loan Sukhi will potentially obtain employment for 156 days.

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

Investee
pays The rate of interest charged to the investee

3.00% flat p.a.

5.40% APR

Social
Investor The rate of return an investor makes

2.00%

3.60% APR

Impact
Partner The rate of return an impact partner makes

up to 0.00%

0.00% APR

Platform
charges The charges, the platform incurs by offering it's services

1.00%

1.80% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

8,000

Loan
tenure

15 months

Moratorium

3 months

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Farming

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Collectives for Integrated Livelihood Initiatives
   

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

Your Investees

Total Lives Impacted

0

Days of Livelihood

0