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Rita

Bala Mandal

Agripreneur

Chirang, Assam

273 livelihood days

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Rita

Bala Mandal

#provider#strength
Invest in Rita as she purchases seeds and fertilizers for the sowing season.

Agripreneur

Assam

273 potential days of livelihood

20,000 loan is fully repaid

20,000 loan is fully repaid


About Rita

Rita Bala Mandal is from Chirang, Assam and lives with a family of three. Through her eight years of farming, she has experienced a number of challenges. However, Rita has always been strong. She has faced every hurdle with her perseverance. The COVID-19 pandemic has however, brought with it, an entirely new set of challenges. With the sowing season starting, Rita is finding it difficult to avail quality input goods while making sure that essentials are available at home at all times. Rita is seeking for a credit to invest in seeds, fertilizers, labour, plough and other input products to ensure that her livelihood is not affected. Invest in Rita today.

About Rita Bala Mandal's livelihood

Rita is an agripreneur who works 7 hours a day for 6 days a week. With this loan Rita 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. Rita Bala Mandal 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

6 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