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T Alih

Konyak

Agripreneur

Mon, Nagaland

312 livelihood days

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T Alih

Konyak

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T Alih needs credit to set up bio-flock unit

Agripreneur

Nagaland

312 potential days of livelihood

₹ 1,00,000 loan is fully repaid

₹ 1,00,000 loan is fully repaid

About T Alih

T Alih Konyak is an enterprising woman who is always thinking of her family's future. T Alih is originally from the Mon district in Nagaland, She has taken over the family business of farming and animal husbandry, loves working hard and generating her own income. T Alih is a motivated woman who is a rare example of self-sufficiency in her society. She has been working hard to set up a bio-flock unit out of her own pocket. T Alih has already started working on raising fish by spending Rs. 40,000 on fish species, fish feed and a tank. She is in urgent need of a loan to set up a bio-flock unit, purchase fish feed, and to maintain the necessary hygiene standards. support T Alih build her business by contributing to her bio-flock unit.

About T Alih Konyak's livelihood

T Alih is an agripreneur who works 8 hours a day for 6 days a week. With this loan T Alih will potentially obtain employment for 312 days.

Interest Rate

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

Investee
pays

8.00% flat p.a.

14.40% APR

Social
Investor

8.00%

14.40% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

₹ 1,00,000

Loan
tenure

5 months

Moratorium

None

Repayment
mode

Flexible repayments

Investee
occupation

Animal husbandry

Investee Credit Rating:
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

Mithun Rural Development Foundation
   
Partner logo

Established in

2021

With Rang De from

2022

Founded by

Col. Vijay Bhaskar and Sudeshna Mukherjee

Mithun Rural Development Foundation (MRDF), a Section 8 Company works in India and Myanmar on installing mini grid based clean energy ecosystems and using that clean access platform to engage with local communities to grow green micro-enterprises and scale Productive Uses of Energy (PUE) to impact rural lives and livelihoods in a sustainable manner. With a Vision of Economic Development of rural North East India through the platform of distributed renewable energy based solar mini-grids, MRDF aims to reach 1000 villages of North East India over the next ten years. Since March 2022, MRDF has converted, mentored and incubated over 71 micro-enterprises in the three mini grid villages of Chenwetnyu, Longkei and Totokchingha, all powered by the mini-grids of MRDF. Rang De's credit intervention will help MRDF to scale up their efforts and enhance the scope of livelihoods to include handicrafts, eco-tourism, bio-floc based home fisheries etc. and in turn realise their vision and mission

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3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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