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Rukuto Rhakho

#youngpreneur#driven
Rukuto needs credit to expand his business.

Retailpreneur

Phek, Nagaland

1,00,000 has been disbursed

364 potential days of livelihood i

41,666.62 is the current outstanding balance

87.5 0 12.5 58333 8333 0

88%

12%

0%


Rukuto Rhakho is an entrepreneur. He owns a retail store in Phek, Nagaland. The revenue from this business serves as an income for his family of seven. Rukuto wishes to expand his business and is seeking credit for the same. Invest in Rukuto and improve his family income.

My dream is to become a successful businessman, earn enough to buy a plot of land, and also enjoy a secure future with my family.

About Rukuto Rhakho's livelihood

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

10.0% 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

1,00,000

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

No credit history available

 

Rang De confidence score

 i


B


Partner
Rating i

B

Loan
Profile i

B

Financial
Profile i

B

Entrepreneurs Associates

Nagaland
Partner since 2019

About

EA was founded to transform the broken economy of Nagaland, and foster a spirit of self-reliance & responsible leadership in the psyche of Nagas. They train, mentor and finance 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 1,35,92,800

Disbursed

163

Investees

100%

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

0 more to go -227 days remaining

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