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Cheryl

Kire Achumi

Service Entrepreneur

Dimapur, Nagaland

468 livelihood days

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Cheryl

Kire Achumi

#determined# strong
Support Cheryl as she invests in her business and her community's fitness.

Service Entrepreneur

Nagaland

468 potential days of livelihood

1,00,000 loan is fully repaid

1,00,000 loan is fully repaid


About Cheryl

Cheryl is a fitness enthusiast and gym trainer from Dimapur, Nagaland. She believes that inclusive fitness environments can add to the prosperity of her society. She started the fitness center in 2016 which she now runs with her husband. When not helping people achieve their fitness goals, she spends time with her sons. The center had become an inclusive space for people of all age groups and socio-economic background seeking fitness training and routines during the pandemic. Cheryl is now looking to invest in the space and expand its operation. She is looking for a loan to invest in machinery.

About Cheryl Kire Achumi's livelihood

Cheryl is a service entrepreneur who works 12 hours a day for 6 days a week. With this loan Cheryl will potentially obtain employment for 468 days.

Interest Rate

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges. Cheryl Kire Achumi has consented to pay the interest as below:

Investee
pays

4.80% flat p.a.

8.64% APR

Social
Investor

4.80%

8.64% APR

Platform
charges

0.00%

0.00% APR

The interest rate displayed here is based on the rate chosen by you. To choose a different rate, please click here.

Loan Details

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

Loan
amount

1,00,000

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Professional services

Investee Credit Rating:
Good

Investee credit rating has been arrived at by our proprietary algorithm which factors in the following parameters: 1. Investee credit bureau scores 2. debt servicing ability

Co-curated and referred by our Impact Partner

Dhriiti-The Courage Within
   view website
Partner logo

Established in

2004

With Rang De from

2020

Founded by

Anirban Gupta, Nidhi Gupta, Arindam Dasgupta

Project Her&Now, GIZ: Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH is implementing the project 'Economic Empowerment of Women Entrepreneurs and Start-ups by Women' on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ) and in partnership with the Ministry of Skill Development and Entrepreneurship (MSDE), Government of India, to support aspiring and existing women entrepreneurs in India. Under the name of 'Her&Now', the project aims to contribute to a more enabling environment for women-led enterprises in India. Dhriiti - The Courage Within, founded in 2004, is a non-profit organisation working for the promotion of entrepreneurship across the country. With a vision to create financial, social, and ecologically (FSE) impactful entrepreneurs and enterprises and generate sustainable livelihoods, Dhriiti works with women, youth, children, and communities in economic crisis (CiEC); to build the spirit of entrepreneurship among Indian youth and to provide training on entrepreneurship skills, build businesses and deliver activities to grow local economies. Dhriiti has worked in 27 states across India to equip people from diverse socio-economic backgrounds with a strong focus on women entrepreneurs. With extensive knowledge and experience in working at different regions of India, Dhriiti continues to deliver the service of incubating women entrepreneurs in India through different projects like Ekta, YouStart NE, Project Pragati, WeCan, Beautypreneur and Project Her&Now

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3

3000

3

Total: ₹3000

FUNDS

INDIVIDUALS