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Laizoma Group
In this Group: Thiemnu, Phalkhohat, Hatkim, Lhngchin, Hoichong
This is LaizomA group consisting of five members. The group members belongs to a tribal community and hail from Churachanpur which is in Manipur state in the Northeastern part of India. In order to support themselves and contribute to the family income, they have formed a group to access a loan.

Hatkim is pictured with raised hand and she is the group leader. She is 59 years old and is a mother to six sons and two daughters. Unfortunately, two of her sons died some years back. All her children go to a private school at the nearby town. Her husband is a full-time pastor at their local church and his meager income could not suffice to support the family. In order to supplement the family income, Hatkim talked with her husband to initiate activities. With the help of some well-wishers, she managed to open a small general store by sacrificing a room in her house. Her initiative made her children very excited and happy at the same time because her children felt the negative impact of living off of charity. Hatkim believes she will do well with her business because her children are so encouraging about the loan.

This will be her first loan and she will use the loan to stock goods in her store to sell, such as basic daily needs: sugar, tea leaves, batteries, soap, cooking oil, etc. She also decided to sell a recharge coupon for mobile users and will use some of the loan to set that up for her customers.

Likewise the rest of the members too need and requested a loan to start with their respective income-generating activities. They all hope that with this loan they may be able to improve their livelihoods and financial needs.

Additional Information

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 loan

Due 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 >

About WSDS-Initiate
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.

About India

  • $2,900
    Average annual income
  • 19
    View loans »
    India Loans Fundraising
  • $4,519,250
    Funds lent in using Kiva
  • 55.5
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Laizoma Group's $925 loan helped a member to buy sugar, tea leaves, batteries, soap, cooking oil, etc. to sell at her variety store.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 1, 2012
Listed
Dec 2, 2012
Currency Exchange Loss:
Possible