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Chandana

Ray

Agripreneur

Bongaigaon, Assam

227 livelihood days

Borrower Image 1 Borrower Image 2

Chandana

Ray

#achiever#growth
Invest in Chandana to enable her to purchase seeds and fertilizers for the sowing season.

Agripreneur

Assam

227 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Chandana

For over twenty-five years, Chandana Ray has been toiling on her land. Chandana is from Bongaigaon, Assam. The COVID-19 crisis has put the family of four in great distress. With the sowing season just around the corner, Chandana is looking to purchase some fertilizers and employ labourers on her farm. The loan will help her purchase quality fertilizers and hire help on her farm to ensure a bountiful harvest. Invest in Chandana to help her get through these tough times.

About Chandana Ray 's livelihood

Chandana is an agripreneur who works 5 hours a day for 7 days a week. With this loan Chandana will potentially obtain employment for 227 days.

Interest Rate

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

Investee
pays

0.00% flat p.a.

0.00% APR

Social
Investor

0.00%

0.00% APR

Platform
charges

0.00%

0.00% APR

Loan Details

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

Loan
amount

20,000

Loan
tenure

12 months

Moratorium

None

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

Seven Sisters Development Assistance
   
Partner logo

Established in

2011

With Rang De from

2020

Founded by

Aswini Bhattacharya

Award winning NGO Seven Sisters Development Assistance (SeSTA) works with more than 32,000 families in 470 far flung villages spread across 14 districts in three States (Assam, Meghalaya and Tripura) through 3000 Self Help Groups (SHGs). SeSTA has 23 professional field teams at the block level in all the working districts. SeSTA collectivizes women to form Self Help Groups (SHGs), builds their capabilities and strengthens livelihood systems to alleviate mass poverty in these far-flung villages. Through its work on agriculture interventions in food crop and vegetable crops, Natural Resources Management and intensification and diversification of other livelihoods portfolio like goat rearing, piggery, fisheries, mushroom cultivation etc. SeSTA has addressed the issues of economic disempowerment and discrimination in far flung villages of the NE. Despite being a new entity, SeSTA is today supported by renowned agencies in the development spaces including APPI, Tata Trusts, Indigo, NABARD etc. It is also the technical support partner for State Rural Livelihoods Mission in Arunachal Pradesh, Nagaland and Mizoram apart from being a direct engagement partner in Assam and Tripura. The organization has won the India Development Marketplace Award 2014 by World Bank and Chief Minister’s Best Action Award for Community Development. SeSTA has also won the prestigious Polestar award in the Social Impact category for the year 2019.

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS