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Nuduzo

Soho

logoRetailpreneur

logo Phek, Nagaland

logo 364 livelihood days i

b-img b-img b-img b-img

Nuduzo

Soho

#entrepreneur#keen
Nuduzo needs a loan to expand his store.

logoRetailpreneur

logo Phek, Nagaland

logo 364 potential days of livelihood i

₹ 1,50,000 loan is fully repaid

₹ 1,50,000 loan is fully repaid

Nuduzo is a skilled entrepreneur and expert retailer from Phek, Nagaland. He has been running a small stationery store for over six years. He has created a good income for his family of five. His customers are looking for more products, and Nuduzo is enthusiastic to meet their needs. He needs a loan to expand the range of products available at the store. Receiving a formal loan will also help him build a credit score, which in the long run will make it easier for him to access institutional credit.

I wish to become a successful businessman.

About Nuduzo Soho's livelihood

Nuduzo is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Nuduzo 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

10.00% 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

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

B

know more

know more

Entrepreneurs Associates

   view website
Nagaland
Partner since 2019

About

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.

Impact Narrative

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.

- Chubazen lkr, Assistant Program Manager, EA
whatsapp_icon

3

₹ 3000

Proceed to Pay

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0