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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Kedolhukhono Thou

#persevering#resolute
Support Kedolhukhono restock her retail store as to become financially independent

Retailpreneur

kohima, Nagaland

1,50,000 has been disbursed

429 potential days of livelihood i

60,500 is the current outstanding balance

100 0 0 89500 0 0

100%

0%

0%


About Kedolhukhono Thou

Kedolhukhono Thou is a mother, wife and a businesswoman. She has been running a retail store in her village in Kohima to support her family. Her husband Veihru also runs a business and makes a small income every month. Kedolhukhono has decided to restock her store as she aspires to welcome more customers to her business. She intends on using the credit to buy a blow torch, a blow-flame, some blankets, flasks, a dinner set and a rice cooker. She hopes that this restock will enable her to make a better income at the end of every month. She also wishes to establish good trade relations with other retailers to enable her to sell her goods at wholesale rates at various shops in Kohima. Join hands with Kedolhukhono as she pioneers change for her family.

My dream is to open a wholesale shop, five years from now and become financially independent.

About Kedolhukhono Thou's livelihood

Kedolhukhono is a retailpreneur who works 11 hours a day for 6 days a week. With this loan Kedolhukhono will potentially obtain employment for 429 days.

Interest Rate
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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner

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 1,00,92,800

Disbursed

144

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 -308 days remaining

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