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Kamei

Lujian

Retailpreneur

Kohima, Nagaland

364 livelihood days

Borrower Image 1 Borrower Image 2 Borrower Image 3 Borrower Image 4 Borrower Image 5

Kamei

Lujian

#mumpreneur#passionate
Invest in Kamei as she hopes to expand her business.

Retailpreneur

Nagaland

364 potential days of livelihood

1,50,000 loan is fully repaid

1,50,000 loan is fully repaid


About Kamei

Ambitious Kamei Lujian is not new to the apparel business sector. She has had five years of experience running her apparel store and is now ready to take her business to the next level. She intends to expand her business both as a sports store as well as an apparel store. She now wishes to invest in a T-shirt printing business of her own. The revenue that she generates from her entrepreneurial efforts goes towards her family income as well as to a few widows in her locality. She wishes to grow her business but give back to her society as well. She plans to use this credit to buy raw materials as well as a t-shirt printing machine. Invest in Kamei as she continues to grow and inspire.

About Kamei Lujian's livelihood

Kamei is a retailpreneur who works 8 hours a day for 7 days a week. With this loan Kamei will potentially obtain employment for 364 days.

Interest Rate

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

Investee
pays

10.00% flat p.a.

18.00% APR

Social
Investor

4.00%

7.20% APR

Platform
charges

6.00%

10.80% 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

Apparel 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

3

Total: ₹3000

FUNDS

INDIVIDUALS