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Justin Rajina

#positive#courageous
Justin needs credit to expand his retail business.

Retailpreneur

Kohima, Nagaland

1,50,000 has been disbursed

273 potential days of livelihood i

50,000 is the current outstanding balance

100 0 0 100000 0 0

100%

0%

0%


Justin lives with a family of six. His father is a retired government servent while his mother works hard to provide for the family. With a brother and two sisters still completing their education, Justin wishes to work hard to provide for his family. He owns a business in Kohima, Nagaland. He is looking to expanding the business. Expanding the business would mean a higher income for the family. He wishes to use this credit to invest in the renovation of the shop, several raw materials, accessories, and transportation costs for these materials. He wishes to provide his siblings with a good future by making his business accessible to all the people in his city. This credit would help in making his dreams come true.

My dream is to open multiple showrooms in Nagaland.

About Justin Rajina's livelihood

Justin is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Justin will potentially obtain employment for 273 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

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

 

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 1,47,42,800

Disbursed

171

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 -270 days remaining

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