Kevimedo Tungoe

#Solopreneur# Selfstarter
Invest in Kevimedo's aromatic ambitions

Food Entrepreneur

Kohima, Nagaland

2,00,000 has been disbursed

234 potential days of livelihood i

172,222.2 is the current outstanding balance

100 0 0 27778 0 0

100%

0%

0%


About Kevimedo Tungoe

Kevimedo Tungoe definitely knows his way to our hearts! He's setting up a fine eatery to serve food drizzled with aromatic flavors, and spice up Kohima, his home city. He is seeking credit to purchase a noodle-making machine while also covering the overhead costs of running his food stall. This capital will be the stepping stone to funding Kevimedo’s even bigger entrepreneurial dreams of setting up multiple production centers across Nagaland. Invest today in ambitious Kevimedo and become an instrumental part of Kohima's soon-to-be most popular eatery.

I want to become one of the most successful entrepreneurs from Kohima.

About Kevimedo Tungoe's livelihood

Kevimedo is a food entrepreneur who works 6 hours a day for 6 days a week. With this loan Kevimedo will potentially obtain employment for 234 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

2,00,000

Loan
tenure

36 months

Previous
loans

0

Investee
occupation

Food stall

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

 

B

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

Established in

2001

With Rang De from

2019

Founded by

Neichute Doulo

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.

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