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T Asenla Jamir

#dedicated#courageous
Support Asenla to expand her business and set-up another store in future.

Food Entrepreneur

Dimapur, Nagaland

3,50,000 has been disbursed

312 potential days of livelihood i

330,555.54 is the current outstanding balance

100 0 0 19444 0 0

100%

0%

0%


T Asenla Jamir has been successfully running her food store for over the past three years in Dimapur, Nagaland. With an aim to expand her business further, she is seeking some credit from Rang De for the same. She would utilize the loan amount to renovate her store, purchase packaging materials, machines, equipment, and some furniture, and also meet the operation costs. This loan would be of great help to Asenla as her business was down due to the pandemic. Invest in Asenla now!

I wish to set-up another outlet of my business and standardize branding and packaging.

About T Asenla Jamir's livelihood

T Asenla is a food entrepreneur who works 8 hours a day for 6 days a week. With this loan T Asenla 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

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

3,50,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

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 1,59,42,800

Disbursed

188

Investees

99%

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

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