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Watinaro Ao

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

Food Entrepreneur

Dimapur, Nagaland

50,000 has been disbursed

468 potential days of livelihood i

50,000 is the current outstanding balance


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

10.0% 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

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

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 1,59,42,800

Disbursed

188

Investees

99%

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 -13 days remaining

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