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Sumi

Marndi

Agripreneur

Keonjhar, Odisha

130 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sumi

Marndi

#Hardworking#optimistic
Sumi wishes to invests in a poultry yard.

Agripreneur

Odisha

130 potential days of livelihood

6,000 loan is fully repaid

6,000 loan is fully repaid


About Sumi

Sumi Marndi resides in Keonjhar where she shares a joint household with her spouse, and four children. Sumi helps her husband in his animal husbandry business. However, she is also interested in having a share in poultry farming. To start with, she wishes to diversify into this industry and expand her business. With the help of this loan she will be able to purchase more breeding stock of chicken (day-old chicks) which will increase her income and help her family live in a more stable way.

About Sumi Marndi 's livelihood

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

6,000

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