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Veduvolu

Khusoh

logoRetailpreneur

logo Dimapur, Nagaland

logo 312 livelihood days i

b-img b-img b-img

Veduvolu

Khusoh

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

logoRetailpreneur

logo Dimapur, Nagaland

logo 312 potential days of livelihood i

1,50,000 loan is fully repaid

1,50,000 loan is fully repaid


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

10.00% flat p.a.

18.00% APR

Social
Investor i

4.00%

7.20% APR

Impact
Partner i

up to 4.00%

7.20% APR

Platform
charges i

2.00%

3.60% 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

   view website
Nagaland
Partner since 2019

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.

Rs 1,72,22,800

Disbursed

198

Investees

99.0%

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
whatsapp_icon

3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0