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Vepelo

O Koza

logoRetailpreneur

logo Kohima, Nagaland

logo 1,50,000 has been disbursed

logo 364 livelihood days i

b-img b-img b-img

Vepelo

O Koza

#gogetter#ambitious
Vepelo needs credit to expand her business.

logoRetailpreneur

logo Kohima, Nagaland

logo 1,50,000 has been disbursed

logo 364 potential days of livelihood i

₹ 87,499.95 is
the current outstanding balance
83.33 0 16.67 62500 12500 0

83%

17%

0%

Vepelo O Koza is an ambitious woman. She is running an apparel store in Kohima, Nagaland. Now, Vepelo wishes to expand her business venture by adding more clothing to the store. She also needs to renovate the store and meet the transportation expenses. The loan will help boost the sales at the store by drawing in more customers and in the process empower Vepelo as she strives to become a successful businesswoman.

I wish to open another outlet of my business and give employment to many.

About Vepelo O Koza's livelihood

Vepelo is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Vepelo will potentially obtain employment for 364 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

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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

know more

know more

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

Proceed to Pay

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0