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Orissa Rural Infrastructure Development Association

Orissa, Nayagarh

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Since: December 2010
Founder: Mr. Premananda Dhall

Partnership Summary:

Total No. of Loans: 221

Total amount disbursed: Rs. 1097000

Expected repayment so far: Rs. 1096997

Amount repaid: Rs. 909084 (0.8287023574357998)

Amount delayed: Rs. 187913 (0.17129764256420027)

Amount defaulted: Rs. 0 (0.0)

ORIDA was started in the year 1998. The organization works across the state of Orissa. Micro Credit and micro-entrepreneurship development are the focus areas of the organization. In addition to it, they also support entrepreneurs in marketing of handicraft products. They work with 200 Self help groups in the district of Nayagarh.

Nayagarh district is situated in the hilly ranges in the West and its North Eastern parts has formed a small well cultivated fertile valleys intersected by small streams. ORIDA focusses on tribal areas, local needs and issues, resource mobilization and employment generation and micro Credit. Emphasis is given on economic improvement of the community through the process of their socio-economic development.

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