Asu Tetso

#mumpreneur# ambitious
Give wings to Asu's ambition of expanding her retail business.

Retailpreneur

Kohima, Nagaland

500 potential days of livelihood i

₹ 1,50,000 is ready for disbursal

About Asu Tetso

Asu is a hardworking entrepreneur from Kohima. She started her retail store at a young age and has been marching towards her dream of a brighter future with each day of hard work. When not working at the store, she spends time with her husband and two daughters. Her daughters seek in her a loving mother and an independent businesswoman. She aspires to expand her business and add to the income of her family. Asu is looking for a loan to renovate and to add stock to the shop. She dreams of setting up a bigger store in the future. Invest and give wings to the dreams and ambitions of this entrepreneur.

My dream is have a financially secure life with and live comfortably with my family.

About Asu Tetso's livelihood

Asu is a retailpreneur who works 11 hours a day for 7 days a week. With this loan Asu will potentially obtain employment for 500 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

4.0%

7.2% APR

Impact
Partner i

up to 4.0%

7.2% APR

Platform
charges i

2.0%

3.6% APR

Loan Details

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

Loan
amount

₹ 1,50,000

Loan
tenure

24 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

No credit history available

 

Rang De confidence score

 i


B

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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 70,92,800

Disbursed

95

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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