Retailpreneur
Phek, Nagaland
₹ 2,00,000 has been disbursed
273 potential days of livelihood i
₹ 200,000 is the current outstanding balance
Weteu lives in Phek, Nagaland where she owns a small retail store of kitchen appliances. She needs credit to restock her store, meet transportation expenses and renovate her store. This loan would help her run her business of six years. Invest in Weteu today, a successful entrepreneur to support her in her venture.
My dream is to provide a secure future for my family and to give them a better future.
Weteu is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Weteu will potentially obtain employment for 273 days.
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
₹ 2,00,000
Loan
tenure
24 months
Moratorium
None
Repayment
mode
EMI i
Investee
occupation
Retail store
| 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.
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.
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.
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