Nirmala is 50 years old. She is married and has three children, ages 21, 18, and 17. Many years ago, she established her grocery store business. Working 7 days a week and 12 hours a day, she supports her family. She has already received and successfully repaid five loans from Patan BPW. She used this current loan to buy grocery goods for her business.
Nirmala plans to uplift the economic condition of her family in the future. She thanks you for your support.
In the Kathmandu Valley, the small grocery store, called a pasal, is an important part of the local economy. People purchase fresh produce, milk, and staples such as rice, lentils, and flour, every day, for cooking in their homes. Owners of small grocery stores use Kiva loans to increase their purchasing power and profit margins. By keeping inventory strong and purchasing in larger amounts, owners of these small stores are able to increase the profitability of their businesses. While a typical pasal might be no more than 100 square feet, they are always full of bargaining customers, incoming produce, and shrewd businesswomen.
About BPW Patan
This loan was administered by Kiva's Field Partner, Patan Business and Professional Women. BPW Patan became Kiva's first Field Partner in Nepal in 2007. BPW Patan is continuing to operate after the serious earthquake which took place in Nepal in April 2015. Given the difficult circumstances borrowers and partners face post-natural disasters, these loans may therefore carry additional risk. BPW Patan operates throughout the Kathmandu Valley, offering microcredit, business training, and literacy classes to low-income women in both urban and rural areas. BPW Patan uses a group lending methodology, which not only allows women without collateral to access finance, but also provides members with a valuable support system. In addition to providing economic opportunities to its clients, BPW Patan seeks to empower Nepali women within their homes and communities. For more information about BPW Patan, visit the BPW Patan Partner Page and keep an eye out for new loans and borrower updates. Also, please consider joining the BPW Patan Lending Team to show your support.