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Digulung

#resilient#dedicated
Digulung needs support to upgrade his studio.

Retailpreneur

kohima, Nagaland

1,50,000 has been disbursed

351 potential days of livelihood i

131,250 is the current outstanding balance

100 0 0 18750 0 0

100%

0%

0%


Digulung lives in Kohima, Nagaland with his family of five where he runs a studio that brings in the required income for the house. He wishes to upgrade his studio and needs credit for the same. He will utilize the loan to buy a new computer set, camera, meet the labor expense and renovate the place. This loan would go a long way in supporting him as he grows professionally. Invest in Digulung so that he can conquer his dreams step by step!

I wish to expand more and possibly have a proper professional studio in my town.

About Digulung 's livelihood

Digulung is a retailpreneur who works 9 hours a day for 6 days a week. With this loan Digulung will potentially obtain employment for 351 days.

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

Investee
pays i

10.0% 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

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

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

A

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

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