false
false 0 0 dS2T6qtNjl

Nyangpong

Konyak

logoAgripreneur

logo Mon, Nagaland

logo 1,00,000 has been disbursed

logo 312 livelihood days i

b-img b-img b-img

Nyangpong

Konyak

##playing musical instruments
Invest in Nyangpong's bio-flock unit

logoAgripreneur

logo Mon, Nagaland

logo 1,00,000 has been disbursed

logo 312 potential days of livelihood i

100,000 is
the current outstanding balance


Nyangpong Konyak is a resident of Mon. He has taken the responsibility of his family. Nyangpong is involved in animal husbandry business from along time, now stepping into the bio-flock based fishery business. He has a big passion for this business and is an asset to his family. The income from his business is not adequate to meet all family needs. He is investing towards a bio-flock unit for which he seeks a loan to purchase the materials required for the bio-flock unit and also to set up this unit. Support Nyangpong's in set up a new unit.

To increase household incomes through bio floc based fishery intervention and expand business in future

About Nyangpong Konyak's livelihood

Nyangpong is an agripreneur who works 8 hours a day for 6 days a week. With this loan Nyangpong will potentially obtain employment for 312 days.

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

Investee
pays i

8.00% flat p.a.

14.40% APR

Social
Investor i

8.00%

14.40% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

1,00,000

Loan
tenure

5 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Animal husbandry

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

B

Mithun Rural Development Foundation
   

Established in

2021

With Rang De from

2022

Founded by

Col. Vijay Bhaskar and Sudeshna Mukherjee

Mithun Rural Development Foundation (MRDF), a Section 8 Company works in India and Myanmar on installing mini grid based clean energy ecosystems and using that clean access platform to engage with local communities to grow green micro-enterprises and scale Productive Uses of Energy (PUE) to impact rural lives and livelihoods in a sustainable manner. With a Vision of Economic Development of rural North East India through the platform of distributed renewable energy based solar mini-grids, MRDF aims to reach 1000 villages of North East India over the next ten years. Since March 2022, MRDF has converted, mentored and incubated over 71 micro-enterprises in the three mini grid villages of Chenwetnyu, Longkei and Totokchingha, all powered by the mini-grids of MRDF. Rang De's credit intervention will help MRDF to scale up their efforts and enhance the scope of livelihoods to include handicrafts, eco-tourism, bio-floc based home fisheries etc. and in turn realise their vision and mission

whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0