This is 46 year-old Durga R.. She is married and has two children aged 30 and 27. In 1998, she established her vegetable-farming business and, working seven days a week and five hours a day, she supports her family.
Durga has already received and successfully repaid two loans from Patan BPW and used this most recent loan to purchase seed and fertilizers for her business. In the future, she plans to uplift the economic condition of her family. She thanks you for your support.
Over 70% of Nepal's economy is agricultural. Typically, Nepali households grow crops on small plots of terraced land. Rice (bhat), lentils (daal), and vegetables (thakari) are the staples of the Nepali diet.
With a Kiva loan, Patan BPW's borrowers are able to purchase greater amounts of seed and fertilizer, which enables them to grow cash crops to sell in the local market. Such crops allow households to move beyond subsistence and provide much-needed cash income throughout the year.
About Patan BPW:
This loan was administered by Kiva's local partner in Nepal: micro-finance institution, Patan Business and Professional Women. Patan BPW became Kiva's first field partner in Nepal in 2007. It operates throughout the Kathmandu Valley, offering microcredit and business training programs to low-income women.
In addition to providing economic opportunity to its clients, Patan BPW seeks to empower Nepali women within the home and community.
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 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.