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Zuchano C Kithan

#spirited#progressive
Fund Zuchano revamp her retail store as she works to grow her businesss

Food Entrepreneur

Kohima, Nagaland

1,28,900 has been disbursed

546 potential days of livelihood i

53,162.45 is the current outstanding balance

100 0 0 75738 0 0

100%

0%

0%


Zuchano C Kithan is one of four children to Chophao Kithan, a government employee and Rose Kithan a homemaker. She supports her parents by running a retail store in Kohima. Zuchano is seeking credit to give her two-year-old store a vital uplift with the purchase of new equipments. The credit will be used to finance the purchase of a new refrigerator and freezer and to re-stock the groceries that she sells at her store. This big step will enable Zuchano make more sales and grow her income as she strives to establish multiple outlets of her business in Kohima. Join hands with Zuchano to fuel this young's entrepreneur's fire.

My dream is to establish multiple outlets of my business in Kohima.

About Zuchano C Kithan's livelihood

Zuchano is a food entrepreneur who works 12 hours a day for 7 days a week. With this loan Zuchano will potentially obtain employment for 546 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

5.0%

9.0% APR

Impact
Partner i

up to 5.0%

9.0% APR

Platform
charges i

0.0%

0.0% APR

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

Loan
amount

1,28,900

Loan
tenure

24 months

Moratorium

None

Repayment
mode

EMI i

Investee
occupation

Food 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

 

A

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 1,49,42,800

Disbursed

175

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

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