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Tulsi

Majhi

Agripreneur

Kendujhar, Odisha

195 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3

Tulsi

Majhi

#Hardworking
Support Tulsi to make crop recurring deposits and arrange borewell and drip irrigation

Agripreneur

Odisha

195 potential days of livelihood

17,000 loan is fully repaid

17,000 loan is fully repaid


About Tulsi

Tulsi, who resides in Kendujhar, is a hard-working woman and is known for her perseverance, bravery and grit. She has been farming on her own with the support of her husband who is a daily wager. For years, she has been growing vegetables on her own to sustain her family. Her dream is to give her children a good education and to set up a small business in the future. Her husband has been helping her in planting the crops, but due to lack of water, the crops have been damaged. Tulsi is requesting your assistance in arranging a borewell and drip irrigation to supplement the water from local ponds and utensils. She will use the extra income she generates from selling her crops to deposit them into a crop recurring deposit account and use the proceeds for her future. Invest in Tulsi's business to support her mission of providing a better future for her family.

About Tulsi Majhi's livelihood

Tulsi is an agripreneur who works 5 hours a day for 6 days a week. With this loan Tulsi will potentially obtain employment for 195 days.

Interest Rate

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

17,000

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