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Neikhrou

#dedicated#believer
Neikhrou needs credit to expand her retail business.

Retailpreneur

Phek, Nagaland

1,50,000 has been disbursed

364 potential days of livelihood i

125,000 is the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Neikhrou owns a small business in Phek, Nagaland. She is looking for credit to expand her business activities. She needs to purchase some goods and restock her store and meet the transportation expenses for the same with this credit. Expanding her business will help raise the family income and wellbeing. Help Neikhrou, a female entrepreneur to expand her business.

I wish to open a bigger store in the city and grow my business.

About Neikhrou 's livelihood

Neikhrou is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Neikhrou will potentially obtain employment for 364 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

24 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

No credit history available

 

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 1,37,42,800

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 -117 days remaining

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