Maibem Leirak Group
The woman pictured with raised hand is called Ngoubi and is the profile representative of the group. She is 20 years old and is mother to a two-year-old son. She still shares the same kitchen with her in-laws but did not get any financial support. Her husband, 22 years old, is a seasonal farmer. In the off season, usually, sand sieving is his way of earning income for the family.
In order to supplement their income, Ngoubi started her line of weaving activities. She uses a handloom to weave. (A sample handloom can be seen in the picture behind the members.)
With her first loan, Ngoubi was able to increase her production as compared to before the loan. The cloth that she weaves includes bed covers, wrap- around skirts, and cloth usable for towels and shawls. She supplies her products at the market at reasonable rates. She is happy that she is in good health to support the family income. With the profit that she earns, she usually puts aside some amount to deposit in the group savings on a weekly basis. In this way every time she gets a loan, she has been able to increase her production. She is happy that from her business earnings, she helped her husband purchase a new shovel and a filter bar for his sand-sieving activities. She has been saving most of her profits as well as her husband's income for a separate home very soon. She has been doing this weaving activity for the past 4 years now.
Now she needs another loan to continue and do better with her business. She will buy materials required such as yarn of various colours and textures to weave wrap-around skirts, shawls, bed covers, etc. She also means to buy the finished products from other weavers to supply at the market for a profit.
Likewise, the rest of the group members too are making steady improvement like her with their respective income-generating activities. Most of the group members are engaged in retailing rice; some have a business of 'paan' shop, vegetable-selling and fuel retailer.
They literally thank all the lenders and wish life's best gifts to all the lenders and success in everything they do.
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!