Tara has an appreciation for hard work and patience, both of which will enable her to return the investment. Tara is a resident of Keonjhar, who is a hard-working woman. She has a family of seven, including herself; she owns an animal husbandry business and needs investment to build a poultry farm. Tara's gentle touch and care for the animals helps to produce healthy and strong offspring, and her perseverance has helped her secure a place in the hearts of many.
Tara is an agripreneur who works 4 hours a day for 5 days a week. With this loan Tara will potentially obtain employment for 130 days.
The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Tara Nayak 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
The following section provides a detailed view of the investee loan requirement.
Loan
amount
₹ 8,000
Loan
tenure
9 months
Moratorium
3 months
Repayment
mode
EMI
Investee
occupation
Animal husbandry
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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