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Setsabi

#breadwinner#hardworking
Setsabi needs a loan to procure quality seeds and manure.

Agripreneur

Tuensang, Nagaland

50,000 has been disbursed

351 potential days of livelihood i

25,000 is the current outstanding balance

100 0 0 25000 0 0

100%

0%

0%


Setsabi hails from the city of Tuensang in Nagaland. He has been rearing cattle, farming and cultivating vegetables for the last twenty years. The main income for the family of four comes from farming. He has recently begun harvesting commercial crops in his forest land. He is keen to continue the pursuit as he is getting fair value for his harvest. With the onset of the autumn season, he wishes to start on time and needs credit for quality seeds and other utilities. Invest in Setsabi as he awaits a profitable season.

My dream is to provide my family with a good future.

About Setsabi 's livelihood

Setsabi is an agripreneur who works 9 hours a day for 6 days a week. With this loan Setsabi will potentially obtain employment for 351 days.

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

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EHI i

Investee
occupation

Farming

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

A

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 1,34,42,800

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 -293 days remaining

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