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Tekhengu

U Lasuh

Food Entrepreneur

Phek, Nagaland

390 livelihood days

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Tekhengu

U Lasuh

#dedicated#believer
Support Tekhengu to renovate and expand her food store.

Food Entrepreneur

Nagaland

390 potential days of livelihood

50,000 loan is fully repaid

50,000 loan is fully repaid


About Tekhengu

Tekhengu is a hardworking woman who is also ambitious. She runs a food store in Phek, a remote tribal district in the state of Nagaland. This loan will be used to renovate and expand her food store and purchase goods and products. She hopes to increase her business and employment opportunities in order to achieve financial freedom. Tekhengu wants to provide her family a better life and the loan you help her with will provide her with the resources and training to do this. Your contributions will help Tekhengu take a step closer to becoming financially independent. Invest in Tekhengu and support her mission of contributing to the growth of her family's business.

About Tekhengu U Lasuh's livelihood

Tekhengu is a food entrepreneur who works 10 hours a day for 6 days a week. With this loan Tekhengu will potentially obtain employment for 390 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Tekhengu U Lasuh has consented to pay the interest as below:

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% APR

Loan Details

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

Loan
amount

50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Food store

Investee Credit Rating:
Very Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Entrepreneurs Associates

   view website
Nagaland
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,83,72,800

Disbursed
User circle icon

211

Investees
Repayment icon

99.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS