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Sulochana

Nayak

Agripreneur

Keonjhar, Odisha

156 livelihood days

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Sulochana

Nayak

#resilient#hustler
Enable Sulochana to build a shed for running her backyard poultry business.

Agripreneur

Odisha

156 potential days of livelihood

8,000 loan is fully repaid

8,000 loan is fully repaid


About Sulochana

Sulochana is an ambitious entrepreneur who has been successfully running her poultry farm business against odds. She lives in a remote village in the Keonjhar district of Odisha. Sulochana's family is well known in their village for selling and laying eggs; they also purchase live chickens from other farmers and sell them to other villages. By setting up a shed in her backyard, she will be able to keep more birds and increase the production of eggs to sell in the market. This will help her contribute more to her family's income and grow her business stronger. Invest in Sulochana today!

About Sulochana Nayak 's livelihood

Sulochana is an agripreneur who works 4 hours a day for 6 days a week. With this loan Sulochana 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. 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

8,000

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