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Sulochana

Nayak

Agripreneur

Kendujhar, Odisha

130 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sulochana

Nayak

#Breadwinner
Sulochana needs credit to build a shed for her chickens.

Agripreneur

Odisha

130 potential days of livelihood

10,000 loan is fully repaid

10,000 loan is fully repaid


About Sulochana

Sulochana is a hardworking farmer and animal husbandry entrepreneur who resides in the village of Kendujhar in Odisha. Sulochana breeds chickens so that she can sell their offspring to local customers. Her livestock business has been successful, and she is on her way to providing her family with a stable source of steady income in order to improve their economic condition. This loan will help her build a poultry shed to protect her animals, and this loan will also provide additional income to her family as she continues to sell chickens to local markets. Sulochana is capable of further developing her business and building a solid foundation for her family.

About Sulochana Nayak's livelihood

Sulochana is an agripreneur who works 4 hours a day for 5 days a week. With this loan Sulochana 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. Sulochana Nayak 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

3

Total: ₹3000

FUNDS

INDIVIDUALS