Laxmi Devi Maharjan


Status: Paid Back

$225.00   Loan Request
$225.00   Paid Back

About the Entrepreneur

Name: Laxmi Devi Maharjan
Location: Thecho, Nepal
Activity: Arts

About the Loan

Loan Amount: $225.00
Loan Use: To meet her customers' demands by purchasing additional raw materials (e.g., wax, bronze, silver) that will go into her work
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 6, 2008
Date Disbursed: Jun 20, 2008
Date Funded:Jun 6, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Nepal
Avg Annual Income:$1,500.00
Currency:Nepal Rupees (NPR)
Exchange Rate:68.5000 NPR = 1 USD



Mrs. Laxmi Devi Maharjan lives in Thecho village with her husband and four children. Five years ago, her husband left for India to earn more money. Her older son works in a private office and her younger son is studying in grade 9; as for her daughters, they too are studying, in grades 10 and 11, respectively.


Mrs. Laxmi Devi Maharjan has been working in the handicraft profession for the past 6 years. More specifically, she makes different types of traditional idols, which are in high demand by her customers. However, due to a lack of funds, she is unable to meet the rising demands of her customers. So, Mrs. Maharjan is requesting a loan in the amount of $225 (Rs 15,000) to buy raw materials such as wax, bronze, silver, etc. for her work.


Subscribe

Lenders to this entrepreneur

Paul
Fresno, CA
United States

Anonymous
bellevue, WA
United States

Dale
Shoreline, WA
United States

Ann
kivafriends.org Eastport, Maine
United States

Patty
Menlo Park, CA
United States

Arun
Austin, TX
United States

Linda
Miramar, FL
United States

David and Laura
Boston, MA
United States



Journal entries for Laxmi Devi Maharjan


Loan has been disbursed
 
Entrepreneur: Laxmi Devi Maharjan
Location: Thecho, Nepal

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


Posted by Chris Baker from Thecho, Nepal
Jul 1, 2008
Comment on this entry

Kiva Help Repayment Schedule for Laxmi Devi Maharjan

  Expected Repayments Actual Repayments Comments
September 2008 $18.75 $0.00 Repayment Received
October 2008 $18.75 $19.00 Repayment Received
November 2008 $18.75 $19.00 Repayment Received
December 2008 $18.75 $19.00 Repayment Received
January 2009 $18.75 $36.75 Repayment Received
February 2009 $18.75 $18.75 Repayment Received
March 2009 $18.75 $18.75 Repayment Received
April 2009 $18.75 $18.75 Repayment Received
May 2009 $18.75 $18.75 Repayment Received
June 2009 $18.75 $18.74 Repayment Received
July 2009 $18.75 $18.75 Repayment Received
August 2009 $18.75 $18.76 Repayment Received