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Chichanthung L Ezung

#persistent#hardworking
Chichanthung L Ezung needs a loan to procure quality seeds and manure.

Agripreneur

Wokha, Nagaland

50,000 has been disbursed

312 potential days of livelihood i

0 is the current outstanding balance

100 0 0 50000 0 0

100%

0%

0%


Chichanthung L Ezung lives in the hilly regions of Nagaland. He is a farmer and nurtures a family of four. He has been cultivating and farming for over 9 years now. Chichanthung L Ezung wants to be prepared for the autumn crops which starts in the month of July-August. The loan amount will help him in the procurement of seeds, essential supplies like manure, labor, and irrigation. The timely disbursement of the loan will be crucial for a successful harvest. Invest in Chichanthung L Ezung as he looks forward to a bountiful season.

I wish to build a house for my family.

About Chichanthung L Ezung's livelihood

Chichanthung is an agripreneur who works 8 hours a day for 6 days a week. With this loan Chichanthung will potentially obtain employment for 312 days.

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

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EHI i

Investee
occupation

Farming

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

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 1,38,92,800

Disbursed

164

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

0 more to go -325 days remaining

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