Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.
Retailpreneur
Kohima, Nagaland
₹ 1,50,000 has been disbursed
409 potential days of livelihood i
₹ 150,000 is the current outstanding balance
Murivolu Rhakho is an entrepreneur. She runs a book store in Kohima, Nagaland. The revenue from this business serves as an income for this family of six. Murivolu wishes to expand her store by renovating and restocking her store. She wishes to grow the store in the future by setting up multiple stores in the heart of the town. Invest in Murivolu today.
I wish to open multiple outlets in the city.
Murivolu is a retailpreneur who works 9 hours a day for 7 days a week. With this loan Murivolu will potentially obtain employment for 409 days.
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
12 months
Moratorium
None
Repayment
mode
EMI i
Investee
occupation
Retail store
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.
Rang De's partnership with EA works to a culture of entrepreneurship by making credit accessible to Naga entrepreneurs.
Rs 1,00,92,800
Disbursed
144
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.
₹ added to cart
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