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Lielhouve Doulo

#strength#ambitious
Lielhouve needs credit to renovate his store and expand the business.

Retailpreneur

Phek, Nagaland

1,50,000 has been disbursed

312 potential days of livelihood i

137,499.99 is the current outstanding balance

100 0 0 12500 0 0

100%

0%

0%


Lielhouve Doulo is a young motivated self-made entrepreneur who independently takes care of his family of seven. He opened a retail store two years back which is the source of sustenance for the family. He needs credit to renovate his store, purchase more goods, and meet the transportation expenses. This will help Lielhouve to attract more customers and enhance the income. Invest in Lielhouve today!

I wish to give a better life to my family.

About Lielhouve Doulo's livelihood

Lielhouve is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Lielhouve will potentially obtain employment for 312 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

36 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 1,47,42,800

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

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