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Vepelo O Koza

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

Retailpreneur

Kohima, Nagaland

₹ 1,50,000 has been disbursed

364 potential days of livelihood i

₹ 145,833.33 is the current outstanding balance

100 0 0 4167 0 0

100%

0%

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

10.0% 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

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

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 1,28,42,800

Disbursed

158

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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