Musuk is the profile representative of the group, photographed with her hand raised. She is the mother of two children and has been maintaining the family affairs with the meagre income from her husband's carpentry activities. In order to supplement the family income, she decided to start working on some activities so she can earn for the family. Before the loan, she was growing vegetables for consumption in her homestead garden.
In 2010, with her first loan, she started an embroidery business to generate her income. Mainly, she embroiders the borderline of the traditional wrap-rounds. She has a sewing machine. She will use this loan to purchase thread in colours and needles for her work. Her embroidery work has been a success and, in the course of time, she can pay back the loan.
Musuk wishes to include poultry as another activity for better income opportunity. Her interest in poultry was fulfilled after she bought chicks and ducklings and raised them. Her dream is to purchase a used mini truck, which she believes is a need for the villagers to cart all the essential goods in the village. She would charge a fixed carrier cost.
Musuk needs another loan to continue with her embroidery work and start her new poultry farm. She will use this loan to purchase chicks to raise and sell for profit. Likewise, the rest of her group members have made steady improvement and need another loan for their respective income activities such as weaving, embroidery and selling vegetables, to mention a few.
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!