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Khupting Group
In this Group: Vahkhohat, Lhaivah, Lamvei, Tinneikim, Phaneng, Nengkhovei, Vahneilhing, Nengkholam, Mangneichong
This is Khupting group consisting of nine members. These hard-working tribal women came together in 2010 to support one another to find ways and means to supplement the family income by accessing loan. They all live on the outskirts of Senapati district in Manipur state which is in the North Eastern part of India.

Mangneichong is one of the members, profiled here and pictured with raised hand. She is 22 years old and is a mother to a son and a daughter. She has yet to send her children to school. Her husband who is the main earner works as quarry worker and usually cuts wood to sell. Mangneichong's previous activity before accessing the loan was charcoal-making.

With her first loan in 2009, Mangneichong started her own store selling general items. She really did well with her store business because it was the only store in her village. With the profit she was able to repay her loan and was also in the position to expand her store by increasing her inventory. With the second loan she expanded her store by bringing in more items, according to her customers' demand. With the profit she bought three piglets to rear. By the end of the year, from the sale of the grown pigs, she bought two He-Buffaloes to help her husband in his transportation of wood to sell. She is very happy that she is becoming a decision-maker for the family.

Now Mangneichong needs another loan for her business. She wishes to increase her stock of general items. She also means to use part of the loan to purchase three more piglets to rear for profit. She plans to enroll her children in a private school next year. She is very happy that now she can support her children's education.

Likewise, the rest of the group members too are making steady improvement with their respective undertakings. Poultry farming, piggeries, a charcoal business, raising cows, and a ginger plantation are some of the income-generating activities of the group members.

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

  • $4,000
    Average annual income
  • 209
    View loans »
    India Loans Fundraising
  • $5,212,200
    Funds lent in using Kiva
  • 54.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Khupting Group's $1,675 loan helped a member to buy more stock to sell in her general store and buy three piglets to rear for profit with part of the loan.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Dec 20, 2012
Listed
Dec 11, 2012
Currency Exchange Loss:
Possible