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Akali T Achumi

#Entrepreneur# passionate# hardworking
Akali wants to renovate her store and procure fresh stock.

Retailpreneur

Dimapur, Nagaland

1,00,000 has been disbursed

390 potential days of livelihood i

94,444.44 is the current outstanding balance

100 0 0 5556 0 0

100%

0%

0%


Akali is a resident of Dimapur district of Nagaland where she resides runs her own retail store. She is passionate about what she does and aspires to expand her business and make it a successful chain spread across the other parts of the state. Currently, she wants to borrow some credit that would help her procure fresh stock as well as renovate the store. With this, she hopes to attract more customers by introducing latest trends in her store. Invest in Akali today!

I want to make my enterprise a chain of business by penetrating to other parts of the state too.

About Akali T Achumi's livelihood

Akali T is a retailpreneur who works 10 hours a day for 6 days a week. With this loan Akali T 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

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

1,00,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Retail 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

No credit history available

 

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 1,47,42,800

Disbursed

171

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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