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Ravolie Lese

#achiever#provider
Ravolie needs credit to expand his farming business.

Agripreneur

Dimapur, Nagaland

50,000 has been disbursed

312 potential days of livelihood i

50,000 is the current outstanding balance


Ravolie hails from Dimapur, Nagaland and supports his family of three. He aspires to become a successful farmer someday. This sowing season, Ravolie needs credit to purchase saplings and meet the labour costs. By being able to expand his business, not only will he be able to become a successful farmer but also support his family well. Ravolie can get few steps closer to his dreams with the help of your investment.

My dream is to become a successful farmer and support my family.

About Ravolie Lese's livelihood

Ravolie is an agripreneur who works 8 hours a day for 6 days a week. With this loan Ravolie will potentially obtain employment for 312 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.0% flat p.a.

0.0% APR

Social
Investor i

0.0%

0.0% APR

Impact
Partner i

up to 0.0%

0.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

50,000

Loan
tenure

18 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

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

B

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

0 more to go -171 days remaining

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