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Kedolhukhono

Thou

Retailpreneur

kohima, Nagaland

429 livelihood days

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Kedolhukhono

Thou

#persevering#resolute
Support Kedolhukhono restock her retail store as to become financially independent

Retailpreneur

Nagaland

429 potential days of livelihood

₹ 1,50,000 loan is fully repaid

₹ 1,50,000 loan is fully repaid

About Kedolhukhono

Kedolhukhono Thou is a mother, wife and a businesswoman. She has been running a retail store in her village in Kohima to support her family. Her husband Veihru also runs a business and makes a small income every month. Kedolhukhono has decided to restock her store as she aspires to welcome more customers to her business. She intends on using the credit to buy a blow torch, a blow-flame, some blankets, flasks, a dinner set and a rice cooker. She hopes that this restock will enable her to make a better income at the end of every month. She also wishes to establish good trade relations with other retailers to enable her to sell her goods at wholesale rates at various shops in Kohima. Join hands with Kedolhukhono as she pioneers change for her family.

About Kedolhukhono Thou's livelihood

Kedolhukhono is a retailpreneur who works 11 hours a day for 6 days a week. With this loan Kedolhukhono will potentially obtain employment for 429 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

5.00%

9.00% APR

Platform
charges

5.00%

9.00% APR

Loan Details

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

Loan
amount

₹ 1,50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EMI

Investee
occupation

Retail store

Investee Credit Rating:
Excellent

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

Entrepreneurs Associates

   view website
Nagaland
Partner since 2019
Partner logo

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.

Rupees Icon

Rs 1,83,72,800

Disbursed
User circle icon

211

Investees
Repayment icon

99.0%

Repayments
Left quotes

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
RIght quotes
whatsapp_icon

3

₹ 3000

Proceed to Pay

3

Total: ₹3000

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