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Virulenuo

#hardworking# passionate
Virulenuo needs credit to expand her agri business.

Agripreneur

Dimapur, Nagaland

50,000 has been disbursed

273 potential days of livelihood i

50,000 is the current outstanding balance


Virulenuo belongs to the Dimapur district of Nagaland. She lives with her small family of three. She has been practicing farming for the past one year and needs some credit to invest in labour and purchase saplings to grow pineapples on her farm. Invest so that Virulenuo can expand her business and secure a future with her family.

My dream is to enjoy a secure future with my family.

About Virulenuo 's livelihood

Virulenuo is an agripreneur who works 7 hours a day for 6 days a week. With this loan Virulenuo will potentially obtain employment for 273 days.

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

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

B

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 1,49,42,800

Disbursed

175

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

0 more to go -173 days remaining

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