Sancha M. B. owns the only medium-sized shop in her village and she stocks everything imaginable, from rice to running shoes to the red bangles worn by many of the women in Nepal.
Sancha is applying for a Kiva loan of Rs. 10,000 that she will use to purchase more items for her shop. Sancha says that she particularly needs to buy comfortable, affordable sandal-style shoes and more rice, as these are the most popular items in her shop.
Sancha has two daughters, one son and a husband, all of whom help her out in the shop. Sancha says that she and her husband make all of their business decisions together, including the decision to take out a Kiva loan.
In the future Sancha hopes that she can continue to expand her business and begin supplying stock to smaller shops in the area. She would like to be able to provide her children with a very good quality education so that they can pursue whichever career they think will make them happy.
About BPW Patan
This loan was administered by Kiva's Field Partner, Patan Business and Professional Women. BPW Patan became Kiva's first Field Partner in Nepal in 2007. BPW Patan is continuing to operate after the serious earthquake which took place in Nepal in April 2015. Given the difficult circumstances borrowers and partners face post-natural disasters, these loans may therefore carry additional risk. BPW Patan operates throughout the Kathmandu Valley, offering microcredit, business training, and literacy classes to low-income women in both urban and rural areas. BPW Patan uses a group lending methodology, which not only allows women without collateral to access finance, but also provides members with a valuable support system. In addition to providing economic opportunities to its clients, BPW Patan seeks to empower Nepali women within their homes and communities. For more information about BPW Patan, visit the BPW Patan Partner Page and keep an eye out for new loans and borrower updates. Also, please consider joining the BPW Patan Lending Team to show your support.