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Kevinguto James Meyase

#selfstarter#spirited
Invest in Kevinguto's retail business and propel his entrepreneurial spirit

Retailpreneur

Kohima, Nagaland

1,41,300 Loan is fully repaid

260 potential days of livelihood i


Kevinguto James Meyase is a young graduate and entrepreneur who lives with his family in Kohima, Nagaland. His goal is to become a serial entrepreneur and start up multiple businesses, including more retail stores. He has been running a retail store for the last five years, and now has made plans to take the next step in his business. He is seeking credit to restock his retail store with all the necessary goods that are in demand. In addition, the loan will cover the cost of transporting the goods. This is just the first step in Kevinguto’s journey of growth. He is determined to become self-reliant through self-employment, and in the long run, create employment opportunities for many others in Kohima. Invest in enterprising Kevinguto as he wins for his community.

My dream is to be self-reliant through self-employment.

About Kevinguto James Meyase's livelihood

Kevinguto James is a retailpreneur who works 8 hours a day for 5 days a week. With this loan Kevinguto James will potentially obtain employment for 260 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

1,41,300

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

No credit history available

 

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 1,40,92,800

Disbursed

166

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

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