false
false 0 0 yx4qyKtqCM

Nupachelu

logoRetailpreneur

logo Phek, Nagaland

logo 1,00,000 has been disbursed

logo 429 livelihood days i

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

Nupachelu

#dedicated#believer
Invest in Nupachelu to expand her grocery store.

logoRetailpreneur

logo Phek, Nagaland

logo 1,00,000 has been disbursed

logo 429 potential days of livelihood i

74,999.98 is
the current outstanding balance

85.71 0 14.29 25000 4167 0

86%

14%

0%


Nupachelu hails from Phek and lives with her husband and two children. Nupachelu's dream is to be self-sufficient and contribute to the welfare of her family. Nupachelu maintains a small retail store where she sells a variety of grocery products. Nupachelu's earnings per month were very less, especially since the pandemic started. This loan will be used to purchase more inventory so that she can increase her customer base. She will purchase more grocery items and vegetables. The loan will also be used to meet the transportation expenses. You can help Nupachelu by directly contributing to her dream.

I wish to upscale and expand my business.

About Nupachelu 's livelihood

Nupachelu is a retailpreneur who works 11 hours a day for 6 days a week. With this loan Nupachelu will potentially obtain employment for 429 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

1,00,000

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

 

B

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

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

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0