false
false 0 0 QCHba6qySp

Burjongla

Walling

logoService Entrepreneur

logo Dimapur, Nagaland

logo 1,00,000 has been disbursed

logo 429 livelihood days i

b-img b-img b-img

Burjongla

Walling

#dedicated#passionate
Invest in Burjongla to expand her retail store.

logoService Entrepreneur

logo Dimapur, Nagaland

logo 1,00,000 has been disbursed

logo 429 potential days of livelihood i

77,777.76 is
the current outstanding balance

100 0 0 22222 0 0

100%

0%

0%


Burjongla is an extremely hard-working woman who has built a good life for herself and her family. The retail shop that she operates works very much in the same way as a general store, selling various items. She needs a loan to purchase more inventory so that she can continue to provide a variety of goods to her customers. The loan will also be used to furnish her store and pay for the transportation expenses. The businesses that are best for women like Burjongla are those which can be operated from the convenience of home, thus allowing them to take care of their families while still earning a living. With a loan, she will be able to save money and expand her business, thereby contributing to the development of both herself and the school that she has chosen.

I wish to expand my current business and take up a new retail business.

About Burjongla Walling's livelihood

Burjongla is a service entrepreneur who works 11 hours a day for 6 days a week. With this loan Burjongla will potentially obtain employment for 429 days.

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

Investee
pays i

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% APR

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

Loan
amount

1,00,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Others

i :

B

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

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

Entrepreneurs Associates

   view website
Nagaland
Partner since 2019

About

Entrepreneurs Associates (EA) was founded in 2001 to transform the landscape of despair and broken economy of Nagaland and foster the spirit of self-reliance & responsible leadership in the psyche of Nagas. They believe in the potential of inclusive and responsible entrepreneurship where entrepreneurship is accessible to all. For over 18 years, EA has been closely working in the field of entrepreneurship to promote local youth to take up entrepreneurship to bridge the widening vacuum of local enterprises all over the state. EA advocates the Naga youth to look beyond government jobs and seek out ways to contribute towards building the economy of the state. EA works with potential Naga entrepreneurs who have been denied credit from other sources. They train, mentor and finance these 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 1,72,22,800

Disbursed

198

Investees

100.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0