Hatkhovei is pictured with raised hand. She is 44 years old and is a mother to three daughters and two sons. Her husband is a farmer by profession and owns a large paddy field where he grows rice. He rears 10 cows which help him in ploughing his field, and he sells milk for money. This is how Hatkhovei assisted her husband before she ventured out to do something of her own. Since her children are coming of age and needed more money for their education, clothes and maintenance she wished to take up some income-generating activities in order to supplement the family income.
With Hatkhovei's first loan, she used the loan as a down-payment to purchase traditional wrap-round skirts from the local weavers. She did sell her products but not as efficiently as she would have thought. However, understanding the market and the fashion of the people, she gradually learnt to select better designs to sell and earn more. Some samples of her products can be seen hanging behind the members in the group photograph. She is happy that she has become a role model for her children and above all she is happy that her husband acknowledges all the support she renders towards the futures of her children. She is in a better position to command her business now and to help out two of her group members, who do weaving and would list out a catalogue to weave for them and place an order.
Hatkhovei has dreams and wishes to fulfill. She wishes to buy her husband a tractor machine to help plough his field. She also wishes to see her children grow up to be fine human beings. She longs for a good house to live in.
Hatkhovei needs another loan to continue with her tribal clothing business. With this loan she will buy more traditional wrap-round skirts to supply to the neighbouring states namely Nagaland. With Christmas coming, demand for such products is very high.
Likewise her group members too requested another loan to expand their inventory, clothing & food, with the demand of the holidays nearing.
More information about this loan
This loan is part of WSDS's effort to reach some of the most underserved parts of India's troubled northeast region, where there is very poor penetration of both formal and informal financial services. By supporting this loan, you are enabling access to finance for women living in some of India's most remote areas.
Important note about this loanDue to Indian government regulations, if you fund this loan, you will not be repaid for at least 3 years. This borrower will likely repay your loan much sooner than that, in which case, the Field Partner may re-loan your funds to help other local borrowers. We want you to be aware of this minimum 3-year waiting period and the associated risks before making a loan to Indian borrowers on Kiva. Learn More >
WSDS-Initiate is an inclusive nonprofit that works with women across all tribes and minority communities in Manipur, located in the remote northeast region of India. Most organizations concentrate their work in the plains region of Manipur, but WSDS is among the very few organizations serving women in the isolated hills. Political unrest and frequent economic blockades in the area make it very difficult to provide services, resulting in Manipur having the lowest penetration of financial services in the country.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.
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This loan has been fully funded!