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Molungnenba

#breadwinner#hardworking
Molungnenba needs a loan to buy essentials for the autumn season.

Agripreneur

Kohima, Nagaland

35,000 has been disbursed

273 potential days of livelihood i

17,500 is the current outstanding balance

100 0 0 17500 0 0

100%

0%

0%


Molungnenba is about to begin the autumn sowing season. He is from Kohima, Nagaland and lives with a family of four. The timely sowing of seeds and preparation of land is crucial for a timely harvest and Kohima, with his seven years of experience knows this well. He seeks a loan to buy essential supplies like fertilizers, pesticides, and seeds. He is firmly committed to making a reasonable profit by the end of the harvest. Invest in Kohima as he aspires to better.

My dream is to enjoy a secure future with my family.

About Molungnenba 's livelihood

Molungnenba is an agripreneur who works 7 hours a day for 6 days a week. With this loan Molungnenba will potentially obtain employment for 273 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

35,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EHI 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 1,34,42,800

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 -292 days remaining

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