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Sushree Sangita

Nayak

Agripreneur

Mayurbhanj, Odisha

273 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Sushree Sangita

Nayak

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

Agripreneur

Odisha

273 potential days of livelihood

30,000 loan is fully repaid

30,000 loan is fully repaid


About Sushree Sangita

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.

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.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Sushree Sangita Nayak has consented to pay the interest as below:

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

3.20%

5.76% APR

Platform
charges

4.80%

8.64% APR

Loan Details

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

Investee
occupation

Non-agro products

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

Indian Micro Enterprises Development Foundation
   view website
Partner logo

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.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS