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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Akhriebou Linyu

#groundbreaking#trailblazer
Invest in Akhriebou’s plans to rapidly scale up her retail business

Retailpreneur

Kohima, Nagaland

₹ 2,57,600 has been disbursed

409 potential days of livelihood i

₹ 200,355.52 is the current outstanding balance

100 0 0 57244 0 0

100%

0%

0%

About Akhriebou Linyu

Kohima resident and mumpreneur Akhriebou Linyu is planning a massive revamp of her retail store. With two years of experience running the store, she is now ready to propel her business into a new phase of growth. The loan will be utilised to fund a complete renovation of the store, as well as to establish partnerships with suppliers, and stock up good quality products. Unemployment is a problem in Kohima and Akhriebou is driven to create as many employment opportunities as she can through her business. Her dream is to open a large department store that will cater to all the supplies needed by local residents, and also create a significant number of employment opportunities. Invest in pioneering Akhriebou and watch her uplift her community as she soars.

My dream is to open a big department store which will be a one-stop shop for residents of Kohima.

About Akhriebou Linyu's livelihood

Akhriebou is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Akhriebou will potentially obtain employment for 409 days.

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

Investee
pays i

10.0% flat p.a.

18.0% APR

Social
Investor i

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

₹ 2,57,600

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

The rating is derived from the following data points.

Credit
bureau
score i

 

A

Rang De confidence score

 i


B

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Know more
Co-curated and referred by our Impact Partner

Entrepreneurs Associates

Nagaland
Partner since 2019

About

EA was founded to transform the broken economy of Nagaland, and foster a spirit of self-reliance & responsible leadership in the psyche of Nagas. They train, mentor and finance first generation entrepreneurs and help them set up successful businesses.

Impact Narrative

Rang De's partnership with EA works to a culture of entrepreneurship by making credit accessible to Naga entrepreneurs.

Rs 1,00,92,800

Disbursed

140

Investees

100%

Repayments

Access to finance has always been a challenge in Nagaland. Through Rang De, we can now provide low cost credit to our community with ease.

- Chubazen lkr, Assistant Program Manager, EA

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