Loan Details

Amount Rs. 10,000
Status 100% repaid
Repayment mode Monthly
Number of installments 12
Estimated disbursal date 26 Dec 2012
Disbursed on 28 Dec 2012
Last repayment date 28 Dec 2013
Interest Rate 8.5% flat p.a.

Sumitra Jena

Milk business
Police line, Balasore, Orissa

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Current Loan Status : Repaid

Sumitra Jena, 46 years old from Police Line village, Orissa; has been involved in milk business for the past 3 years. Sumitra requires more investment to increase her income. Sumitra sells milk, while her husband Nityananda does not work due to health problem. Her son Rabindra grows betel farming in his own farm to eke out a living. The loans from Rang De helped Sumitra to start her venture and then strengthening her business. She has successfully repaid the loans and now seeks a Second cycle loan of Rs.10,000. The loan will enable her to purchase one more cow for her venture. She has two cows at present and the coming of another cow would boost the milk yield and thus income. The couple's only son started working after passed out from high school. Sumitra wants to upscale her business by investing the proposed second cycle loan.

Written By :  Srijita Sarkar
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Nari & Sishu Kalyan Samittee (NSKS) is a development support organization evolved through a process initiated in 1995 by a group of social workers who believe that community organization at the grassroots and human resource development is the key to ...  read more

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