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Imtikumla

Aier

logoFood Entrepreneur

logo Dimapur, Nagaland

logo 1,00,000 has been disbursed

logo 351 livelihood days i

b-img b-img b-img b-img

Imtikumla

Aier

#ambitious#achiever
Help Imtikumla expand her bakery business and attract more customers.

logoFood Entrepreneur

logo Dimapur, Nagaland

logo 1,00,000 has been disbursed

logo 351 potential days of livelihood i

58,334.3 is
the current outstanding balance

90.91 0 9.09 41666 4168 0

91%

9%

0%


Imtikumla hails from Dimapur, Nagaland where she lives with her family of three and runs her own bakery store. Due to the current, she is finding it difficult to procure the raw materials and goods for her bakery shop. She needs some credit and she will utilize it to buy baking equipment, packaging materials, and meet the miscellaneous expenses. This would help her run the business smoothly and attract more customers. Invest in Imtikumla today!

I wish to open another bakery and start a baking training center.

About Imtikumla Aier's livelihood

Imtikumla is a food entrepreneur who works 9 hours a day for 6 days a week. With this loan Imtikumla 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

10.00% 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

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

   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