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Vekuvolu Dozo

#believer#resilient
Support Vekuvolu to purchase essential items for her store and expand her business.

Creative Entrepreneur

Dimapur, Nagaland

1,00,000 has been disbursed

195 potential days of livelihood i

91,666.66 is the current outstanding balance

100 0 0 8333 0 0

100%

0%

0%


Vekuvolu Dozo is an ambitious and passionate entrepreneur from Dimapur, Nagaland. She has been running a handloom store with brand Viko Enterprise name for over eight years to support her family seven. Currently, Vekuvolu wishes to expand her business by purchasing a few essential items and needs credit for the same. She will utilize the credit to buy yarn, shutter loom, and interlock machine, and also conduct training for natural dying. Support Vekuvolu as she has a big dream of educating the younger generations on the importance of handloom.

I wish to open another store for my business in Nagaland.

About Vekuvolu Dozo 's livelihood

Vekuvolu is a creative entrepreneur who works 6 hours a day for 5 days a week. With this loan Vekuvolu will potentially obtain employment for 195 days.

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

Investee
pays i

5.4% flat p.a.

9.8% APR

Social
Investor i

5.4%

9.8% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

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

Loan
amount

1,00,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Handicrafts

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

Dhriiti-The Courage Within

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Project Her&Now, GIZ: Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH is implementing the project 'Economic Empowerment of Women Entrepreneurs and Start-ups by Women' on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, to support aspiring and existing women entrepreneurs in India. Under the name of 'Her&Now', the project aims to contribute to a more enabling environment for women-led enterprises in India. Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now

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