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Sunamani

Tudu

Agripreneur

Keonjhar, Odisha

182 livelihood days

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Sunamani

Tudu

#positive#believer
Sunamani needs credit to set up irrigation and make the crop recurring deposits.

Agripreneur

Odisha

182 potential days of livelihood

19,000 loan is fully repaid

19,000 loan is fully repaid


About Sunamani

Sunamani has been farming for ten years. She is a highly motivated woman who has always worked hard to keep a healthy environment for her family. She is well aware of the importance of irrigating her land to improve her crop yield. She has applied for a loan because she wants to take on the expenses required to dig a borewell and set up a drip irrigation system on her farm. She will use the remaining amount to pay the crop recurring deposits and to install a solar system. Support Sunamani by contributing to her first loan and encourage her to continue farming in hopes of attaining her family's bright future.

About Sunamani Tudu's livelihood

Sunamani is an agripreneur who works 4 hours a day for 7 days a week. With this loan Sunamani will potentially obtain employment for 182 days.

Interest Rate

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

19,000

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