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Ado O koza

#resilient#ambitious
Contribute to retailpreneur Ado's ambitious apparel store revamp

Retailpreneur

Kohima, Nagaland

2,00,000 has been disbursed

390 potential days of livelihood i

149,999.96 is the current outstanding balance

90 0 10 50000 5556 0

90%

10%

0%


Ambitious Ado O Koza is not new to the apparel business sector. She has nine years of experience running her apparel store and is now ready to take her business to the next level. She intends to transform the store, with a full-fledged renovation and make purchases of new apparel to widen her collection. She will use the loan to cover the transport costs involved in these purchases and to upgrade the security systems in her store. She hopes that this revamp will help her draw in more customers, and grow her revenue. Ado’s long term dream is to open multiple outlets across Nagaland. With three sons to support, Ado is leaving no stone unturned to ensure a bright and secure future for her family.

My dream is to open multiple outlets of my business in and around the state and secure a bright future for my family.

About Ado O koza's livelihood

Ado O is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Ado O will potentially obtain employment for 390 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

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

B

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 1,37,42,800

Disbursed

163

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

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