false
false 0 0 FPwP7XQmYT

Sushree Sangita

Nayak

logoAgripreneur

logo Mayurbhanj, Odisha

logo 30,000 has been disbursed

logo 273 livelihood days Number of days of productive livelihood activity that this loan will potentially facilitate

b-img b-img b-img

Sushree Sangita

Nayak

##developmentalternatives #inclusiveentrepreneurship #JobsWeMake #microenterprises
Sushree Sangita needs a loan to buy inputs for the new season.

logoAgripreneur

logo Mayurbhanj, Odisha

logo 30,000 has been disbursed

logo 273 potential days of livelihood Number of days of productive livelihood activity that this loan will potentially facilitate

25,000 is
the current outstanding balance

40 0 60 5000 7500 0

40%

60%

0%


Sushree Sangita Nayak lives in the district of Mayurbhanj in Odisha with her family. She has been farming for many years to support her family. She brings in a steady income from her business; however, as the seasons change, she's looking to expand her business further by purchasing better seeds, fertilizers, irrigation, and other inputs. She's looking to raise her first loan from Rang De to purchase farm inputs with which she hopes to cultivate multiple varieties of crops. Invest in Sushree Sangita Nayak as she grows her agricultural business and cultivates more varieties of crops.

I wish to cultivate more varieties of crops.

About Sushree Sangita Nayak's livelihood

Sushree Sangita is an agripreneur who works 6 hours a day for 7 days a week. With this loan Sushree Sangita will potentially obtain employment for 273 days.

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

Investee
pays The rate of interest charged to the investee

8.00% flat p.a.

14.40% APR

Social
Investor The rate of return an investor makes

3.20%

5.76% APR

Impact
Partner The rate of return an impact partner makes

up to 3.20%

5.76% APR

Platform
charges The charges, the platform incurs by offering it's services

1.60%

2.88% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

30,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI Equated Monthly Instalment

Investee
occupation

Non-agro products

The credit rating of the investee is arrived at by using a proprietary algorithm that factors in the investee’s credit score and the performance rating of the Impact Partner.

Indian Micro Enterprises Development Foundation
   view website

Established in

1995

With Rang De from

2021

Founded by

Dr.Ashok Khosla

Indian Micro Enterprises Development Foundation (IMEDF) is a social enterprise promoted by Development Alternatives Group with a vision to promote inclusive growth and inspire environmental sustainability through development of micro - enterprises.

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0