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Nengneithem Hengna

#leader#rolemodel
Give wings to Nengneithem's dreams of empowering her community.

Creative Entrepreneur

Dimapur, Nagaland

5,00,000 has been disbursed

227 potential days of livelihood i

402,680 is the current outstanding balance

77.86 0 22.22 97320 27778 0

78%

22%

0%


"Dreams of sustainability and self-reliance can only be fulfilled through activities that involve our villages. They are the backbone of our society." says Nengneithem, a handicrafts explorer and entrepreneur from Dimapur, Nagaland. She has been working towards her dream business since 2012. The enterprise aims to build the market for local handicrafts and use traditional techniques to ensure environmental sustainability. Run by women artisans from local communities the business relies on the natural habitat for resources and materials. Nengneithem believes that this can become a channel for sustainable traditions to be passed to the younger generations and create value chains for production and exchange within the community. This can ensure that people can earn from within their villages using their traditional knowledge, while keeping their heritage alive. The organization is now aiming to expand its operations and reach and financial support is needed. The loan amount will go towards construction, procurement of raw materials and training of members. Invest in Nengnei as fulfills her community's dreams.

I wish to build a sustainable ecosystem by empowering artisans and enhancing the local economy.

About Nengneithem Hengna's livelihood

Nengneithem is a creative entrepreneur who works 7 hours a day for 5 days a week. With this loan Nengneithem will potentially obtain employment for 227 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

3.3% flat p.a.

5.9% APR

Social
Investor i

3.3%

5.9% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

The following section provides a detailed view of the investee loan requirement.

Loan
amount

5,00,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

 

C

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

A

Dhriiti-The Courage Within

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Project Her&Now, GIZ: Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH is implementing the project 'Economic Empowerment of Women Entrepreneurs and Start-ups by Women' on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, to support aspiring and existing women entrepreneurs in India. Under the name of 'Her&Now', the project aims to contribute to a more enabling environment for women-led enterprises in India. Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now

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