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Veduvolu Khusoh

#dedicated#believer
Veduvolu needs credit to expand her business.

Retailpreneur

Dimapur, Nagaland

1,50,000 has been disbursed

312 potential days of livelihood i

112,500 is the current outstanding balance

100 0 0 37500 0 0

100%

0%

0%


Veduvolu lives in Dimapur, Nagaland with her family where she runs an apparel store since last four years. She independently takes care of her family and works hard to provide for them. She needs credit to buy raw materials, renovate her store and meet the transportation expenses. This loan would support her in her endeavors and also to grow professionally. Invest in Veduvolu today so that she can be an example of success for many young aspiring women!

I wish to open multiple outlets of my store in other parts of the city.

About Veduvolu Khusoh's livelihood

Veduvolu is a retailpreneur who works 8 hours a day for 6 days a week. With this loan Veduvolu 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

1,50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel 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

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 1,47,42,800

Disbursed

171

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

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