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Metsivikhono

#ambitious#growth
Invest in Metsivikhono's food stall.

Food Entrepreneur

Kohima, Nagaland

₹ 2,00,000 has been disbursed

351 potential days of livelihood i

₹ 200,000 is the current outstanding balance

Metsivikhono lives in Kohima, Nagaland with her siblings where she runs a food stall. She started out the venture five years back and today she is a successful entrepreneur who wishes to open more stalls around the town one day. She needs credit to renovate the current stall, buy fixed assets for it and purchase the necessary goods to expand her business. This loan would help her in embracing her dreams. Invest in Metsivikhono today!

My dream is to set up a chain of food stalls in and around the town.

About Metsivikhono 's livelihood

Metsivikhono is a food entrepreneur who works 9 hours a day for 6 days a week. With this loan Metsivikhono will potentially obtain employment for 351 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

₹ 2,00,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

 

B

Rang De confidence score

 i


B

Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Know more

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 1,28,42,800

Disbursed

158

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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