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Sukhi

Majhi

Agripreneur

Keonjhar, Odisha

156 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sukhi

Majhi

#Hardworking
Support Sukhi to arrange borewell irrigation

Agripreneur

Odisha

156 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Sukhi

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.

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.

Interest Rate

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

8,000

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