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Zuchano

C Kithan

logoFood Entrepreneur

logo Kohima, Nagaland

logo 546 livelihood days i

b-img b-img b-img b-img

Zuchano

C Kithan

#spirited#progressive
Fund Zuchano revamp her retail store as she works to grow her businesss

logoFood Entrepreneur

logo Kohima, Nagaland

logo 546 potential days of livelihood i

₹ 1,28,900 loan is fully repaid

₹ 1,28,900 loan is fully repaid

Zuchano C Kithan is one of four children to Chophao Kithan, a government employee and Rose Kithan a homemaker. She supports her parents by running a retail store in Kohima. Zuchano is seeking credit to give her two-year-old store a vital uplift with the purchase of new equipments. The credit will be used to finance the purchase of a new refrigerator and freezer and to re-stock the groceries that she sells at her store. This big step will enable Zuchano make more sales and grow her income as she strives to establish multiple outlets of her business in Kohima. Join hands with Zuchano to fuel this young's entrepreneur's fire.

My dream is to establish multiple outlets of my business in Kohima.

About Zuchano C Kithan's livelihood

Zuchano is a food entrepreneur who works 12 hours a day for 7 days a week. With this loan Zuchano will potentially obtain employment for 546 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

5.00%

9.00% APR

Impact
Partner i

up to 5.00%

9.00% APR

Platform
charges i

0.00%

0.00% APR

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

Loan
amount

₹ 1,28,900

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

know more

know more

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

Proceed to Pay

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0