Manohari Tamrakar


Status: Paying Back

$400.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Manohari Tamrakar
Location: Tangal, Nepal
Activity: Crafts

About the Loan

Loan Amount: $400.00
Loan Use: to buy more wood and paint to make children's toys
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 9, 2009
Date Disbursed: Jun 3, 2009
Date Funded:Jun 9, 2009

About the Country

Country:Nepal
Avg Annual Income:$1,500.00
Currency:Nepal Rupees (NPR)
Exchange Rate:75.5000 NPR = 1 USD



A four-storied wooden framed building in the heart of Tangal, a busy district near Kathmandu, is home to the family-run business, ‘Nepalese Wood Craft Child Craft.’ The Tamrakar family has been in the wood craft business for three generations. Over the years, the business has expanded to employ twenty people from the community who have become like a family, according to Mrs Manohari Tamrakar, the business proprietor.
Manohari is applying for a Kiva loan to purchase more raw materials to make wooden toys and learning tools for children.

Once a year during the sale season, Manohari sells her products to a number of buyers, including non-profit organizations such as “Save the Children” and “Room to Read.” Many of these products help children to learn to read and count, while some products, such as the rocking horse, are meant for entertainment. For rest of the year, Manohari is busy overseeing the preparation of stock for the next season.

The factory works at every stage of the production line - from cutting through the first grain of wood for making a rocking horse or a jigsaw puzzle to varnishing a toy with final paint. The Kiva loan will help Manohari purchase materials for these processes so that the business can produce more stock in time for the big sale season.




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Lenders to this entrepreneur

Stig E
Oslo,
Norway

CherylS
kivafriends.org, Littleton, NC
United States

Lakshmi
Washington, DC
United States

Mars
Orléans,
France

Antonia
KivaFriends.org, Malcantone
Switzerland

Bosi
Berlin, KivaFriends.org
Germany

Agata
Poznań,
Poland

Vítor
Almada,
Portugal

Molly
Abbotsford, Victoria
Australia

Gloria
Canyon Country, CA
United States

Charmaine
Bergen, kivafriends.org
Norway

Stephanie
Holland, MI
United States

Lorna & Critters
Kanata, Ontario
Canada



Top Lending Teams for this entrepreneur


Team Europe
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1245 Members

A-Tisket A-Tasket
Friends
38 Members

Carleton University
Colleges/Universities
6 Members

The Women for a Change Foundation
Common Interest
22 Members

Norway
Local Area
853 Members

Journal entries for Manohari Tamrakar


Loan has been disbursed
 
Entrepreneur: Manohari Tamrakar
Location: Tangal, Nepal

Thank you for your loan. It has been disbursed to Manohari Tamrakar by Patan Business and Professional Women in Nepal. We are excited to watch this business grow. Over the 12 months of this loan, Patan Business and Professional Women will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tangal, Nepal
Jun 10, 2009
Comments (1)

Kiva Help Repayment Schedule for Manohari Tamrakar

  Expected Repayments Actual Repayments Comments
September 2009 $33.33 $33.33 Repayment Received
October 2009 $33.33 $33.33 Repayment Received
November 2009 $33.33 $33.33 Repayment Received
December 2009 $33.33 $33.33 Repayment Received
January 2010 $33.33 Available Jan 1  
February 2010 $33.33 Available Feb 1  
March 2010 $33.33 Available Mar 1  
April 2010 $33.33 Available Apr 1  
May 2010 $33.33 Available May 1  
June 2010 $33.33 Available Jun 1  
July 2010 $33.33 Available Jul 1  
August 2010 $33.37 Available Aug 1