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Murivolu Rhakho

#believer#strength
Murivolu needs credit to expand her book store.

Retailpreneur

Kohima, Nagaland

1,50,000 has been disbursed

409 potential days of livelihood i

75,000 is the current outstanding balance

75 0 25 75000 25000 0

75%

25%

0%


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.

About Murivolu Rhakho's livelihood

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.

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

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail store

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

 

A

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 1,49,42,800

Disbursed

175

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 -244 days remaining

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