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false 0 0 4VWESt5Ycx

Watinaro

Ao

logoFood Entrepreneur

logo Dimapur, Nagaland

logo 50,000 has been disbursed

logo 468 livelihood days i

b-img b-img b-img

Watinaro

Ao

#passionate#dedicated
Invest in Watinaro's food store and enable her open more outlets in the future.

logoFood Entrepreneur

logo Dimapur, Nagaland

logo 50,000 has been disbursed

logo 468 potential days of livelihood i

34,912.06 is
the current outstanding balance

72.42 0 27.58 15088 5745 0

72%

28%

0%


Watinaro is a passionate woman from Dimapur, Nagaland, where she lives with her family of three and runs the household with the help of the money earned from her food outlet. Due to the current pandemic it is hard to procure the essential supplies for her store on time. This will attract more customers to her store, enhance her income and she would be able to enjoy a secure life with her family. Invest in Watinaro today!

I wish to open more outlets for my business in different parts of Dimapur.

About Watinaro Ao's livelihood

Watinaro is a food entrepreneur who works 12 hours a day for 6 days a week. With this loan Watinaro will potentially obtain employment for 468 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

50,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

 

A

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

100.0%

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