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Nepolish Sangma

#breadwinner#hardworking
Nepolish needs credit for the renovation and restocking of her food stall.

Food Entrepreneur

Goalpara, Assam

40,000 has been disbursed

468 potential days of livelihood i

36,666.67 is the current outstanding balance

100 0 0 3333 0 0

100%

0%

0%


Nepolish is a passionate entrepreneur who has been running her food stall for over four years now. A resident of Goalpara district of Assam, Nepolish happens to be the breadwinner of a family of three. Due to the disruption caused by the pandemic, there was a decline in the income due to which she could not carry out the basic expenses required for the renovation of her stall. Therefore, she would like to borrow some credit so as to pay for the renovation of her shop as well as bring in some fresh stock. Invest in Nepolish today and help her secure the future of her family.

I wish to expand my business and build a big house for my family.

About Nepolish Sangma's livelihood

Nepolish is a food entrepreneur who works 12 hours a day for 6 days a week. With this loan Nepolish will potentially obtain employment for 468 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

40,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food stall

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

A

Financial
Profile i

A

Seven Sisters Development Assistance

Established in

2011

With Rang De from

2020

Founded by

Aswini Bhattacharya

Award winning NGO Seven Sisters Development Assistance (SeSTA) works with more than 32,000 families in 470 far flung villages spread across 14 districts in three States (Assam, Meghalaya and Tripura) through 3000 Self Help Groups (SHGs). SeSTA has 23 professional field teams at the block level in all the working districts. SeSTA collectivizes women to form Self Help Groups (SHGs), builds their capabilities and strengthens livelihood systems to alleviate mass poverty in these far-flung villages. Through its work on agriculture interventions in food crop and vegetable crops, Natural Resources Management and intensification and diversification of other livelihoods portfolio like goat rearing, piggery, fisheries, mushroom cultivation etc. SeSTA has addressed the issues of economic disempowerment and discrimination in far flung villages of the NE. Despite being a new entity, SeSTA is today supported by renowned agencies in the development spaces including APPI, Tata Trusts, Indigo, NABARD etc. It is also the technical support partner for State Rural Livelihoods Mission in Arunachal Pradesh, Nagaland and Mizoram apart from being a direct engagement partner in Assam and Tripura. The organization has won the India Development Marketplace Award 2014 by World Bank and Chief Minister’s Best Action Award for Community Development. SeSTA has also won the prestigious Polestar award in the Social Impact category for the year 2019.

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