Retailpreneur
Kohima, Nagaland
409 livelihood days i
Retailpreneur
Kohima, Nagaland
409 potential days of livelihood i
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
10.00% flat p.a.
18.00% APR
Social
Investor i
4.00%
7.20% APR
Impact
Partner i
up to 4.00%
7.20% APR
Platform
charges i
2.00%
3.60% 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
| 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.
Entrepreneurs Associates (EA) was founded in 2001 to transform the landscape of despair and broken economy of Nagaland and foster the spirit of self-reliance & responsible leadership in the psyche of Nagas. They believe in the potential of inclusive and responsible entrepreneurship where entrepreneurship is accessible to all. For over 18 years, EA has been closely working in the field of entrepreneurship to promote local youth to take up entrepreneurship to bridge the widening vacuum of local enterprises all over the state. EA advocates the Naga youth to look beyond government jobs and seek out ways to contribute towards building the economy of the state. EA works with potential Naga entrepreneurs who have been denied credit from other sources. They train, mentor and finance these 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 1,72,22,800
Disbursed
198
Investees
100.0%
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.
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