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Meneseno Ao

#dedicated#courageous
Meneseno needs credit to make additions to her play school.

Service Entrepreneur

Kohima, Nagaland

1,50,000 has been disbursed

195 potential days of livelihood i

150,000 is the current outstanding balance


Meneseno is a passionate professional who works towards achieving a better tomorrow. She lives in Kohima, Nagaland with her family. Meneseno runs a play school in Kohima. She wishes to reach every family and provide assistance for the development of children through proper early childhood education. In order to invest in the renovation, transportation, and purchase toys and study materials for children, she would need some credit. Invest in Meneseno as she works towards a better tomorrow!

I wish to give all the children in the area a proper early childhood education.

About Meneseno Ao's livelihood

Meneseno is a service entrepreneur who works 5 hours a day for 6 days a week. With this loan Meneseno will potentially obtain employment for 195 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

Others

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 1,37,42,800

Disbursed

163

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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