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Menshechu

#ambitious#breadwinner
Menshechu needs a loan to expand her farming business.

Agripreneur

Dimapur, Nagaland

50,000 has been disbursed

364 potential days of livelihood i

50,000 is the current outstanding balance


With very limited income coming into their pocket from the farm, Menshechu requires credit to expand her current business. She wants to increase the agricultural production of her farm as she aspires to become a progressive farmer someday. She will use the credit to purchase saplings and meet the labour costs. Invest in her today.

My dream is to be a progressive farmer.

About Menshechu 's livelihood

Menshechu is an agripreneur who works 8 hours a day for 7 days a week. With this loan Menshechu will potentially obtain employment for 364 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

B

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

0 more to go -79 days remaining

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