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Imtinaro Seb

#courageous#achiever
Imtinaro needs credit to expand her pharmaceuticals business.

Service Entrepreneur

Phek, Nagaland

1,50,000 has been disbursed

500 potential days of livelihood i

112,500 is the current outstanding balance

75 0 25 37500 12500 0

75%

25%

0%


Imtinaro Seb is a pharmacy owner from Phek, Nagaland. She has had seven years of experience in this business and is now looking to expand her business. She intends to use this opportunity to gain a stronger market presence, by expanding her collection and renovate the store to attract more customers. She will use this credit to avail better transportation and security facilities as well. She hopes to use the profits from this business to set up an additional outlet of her store in the next block. These are stepping stones to fulfilling her dreams of expanding her business.

I wish to set up another outlet of my pharmacy in the next block.

About Imtinaro Seb's livelihood

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

12 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

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 1,37,42,800

Disbursed

163

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 -117 days remaining

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