Top Mayai Leikai Group
Sandha is the profile member pictured with raised hand. She is 31 years old and is a mother to two sons of 12 years and seven years old. Her husband, 37 years old, is a seasonal farmer by trade. In order to supplement the family income, in her previous business she used to sell jewellery by visiting house to house. Bangles, necklaces, earrings, etc. were some of the items she sold. Being a housewife, it was never easy for her to continue with this jewellery business.
With her first loan in 2010 and with her saved money, she started a clothes business. She sells ready-made garments--kids' wear, vests, socks, and face towels (locally woven). She did well with this business and at the same time she was able to lend a helping hand as is required of her as a mother. The second loan helped her to increase her store's stock of clothes to sell and also helped her to renovate her store by extending their porch into a store. She is happy that she is making progress in terms of her business which enhances her security for the future. Unlike what happened to herself and her husband, she wants to provide her children a good opportunity for their education.
Sandha now needs another loan for her business. She will use the loan to buy more kids' wear to sell. She will also buy kids' shoes to resell apart from the usual items that she has been selling. She has plans to expand her business and specialize in kids' products down the road.
Likewise, the rest of the group members too are making improvements like Sandha and needed loans for their respective income-generating activities. Sand sieving activities, piggery farming, and pottery are the primary activities of the group members.
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!