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Kiqheli Kitho

#entrepreneur# keen
Kiqheli wants to upgrade her retail store.

Retailpreneur

Kohima, Nagaland

1,50,000 Loan is fully repaid

273 potential days of livelihood i


Kiqheli is a hardworking and determined woman. She is a homemaker, wife and a mother. Her spouse Nitoshe runs a business and earns a steady income. Her daughter Lishe is a primary school student. Kiqheli has been running her retail store for over eight years now. She knows her customers and their demands and works tirelessly to provide it. She is experienced and is quick to learn the growing need of her community and adds more goods and variety to the store to engage more business. With the help of the loan, she plans to change the look and feel of her store to attract new customers. She plans to become a successful entrepreneur in the future. Invest in Kiqheli as she revamps her store and increases her customer base.

I want to become a successful women entrepreneur.

About Kiqheli Kitho's livelihood

Kiqheli is a retailpreneur who works 7 hours a day for 6 days a week. With this loan Kiqheli will potentially obtain employment for 273 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

1,50,000

Loan
tenure

12 months

Moratorium

None

Repayment
mode

EHI 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 1,48,42,800

Disbursed

173

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

0 more to go -377 days remaining

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