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#RootforRangDe

Rang De is India’s first social lending platform where you can invest in people from low income households and earn nominal - moderate returns.

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Zekoweu Doulo

#enterprising#passionate
Join Zekoweu revamp her apparel store and open up job opportunities in Kohima

Retailpreneur

Kohima, Nagaland

2,00,000 has been disbursed

351 potential days of livelihood i

138,888.84 is the current outstanding balance

100 0 0 61111 0 0

100%

0%

0%


About Zekoweu Doulo

Mumpreneur, Zekoweu Duolo is bracing for change. The mother of three wants to revamp her apparel store to attract more customers and to increase her sales. She has thus applied for credit to purchase a new collection of clothing. The loan will also cover the costs of transporting the new stock to Zekoweu’s shop in Kohima. Her dream is to become a self-sufficient entrepreneur who is financially stable and whose business of multiple outlets is the provider of jobs to the many unemployed in Nagaland. Join Zekoweu as she progresses for her family and most importantly her community.

My dream is to be self-sufficient and to have multiple outlets that open up employment opportunities for the residents of Kohima.

About Zekoweu Doulo's livelihood

Zekoweu is a retailpreneur who works 9 hours a day for 6 days a week. With this loan Zekoweu will potentially obtain employment for 351 days.

Interest Rate
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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

Loan Details

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

Loan
amount

2,00,000

Loan
tenure

36 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Apparel store

Investee Credit Rating i :
Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

B

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

Co-curated and referred by our Impact Partner

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 1,00,92,800

Disbursed

140

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 -415 days remaining

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