Joujam Lom Group
Henem runs a variety shop in her house. She sells potatoes, cereals, sugar, milk powder, paan, dry tobacco, local cigarettes, toothpaste, soap, detergent powders, candies, toffees, etc in her variety shop. She is delighted to share that she purchased a refrigerator and vanity from the small savings she made by running the shop. She successfully paid back her previous loan and she aspires to get another loan and start another side business.
With the Kiva loan, she is planning to buy chicks and raise them for sale. Henem believes that she will be able to sell them at the nearby police station, where the police officials are stationed. She will run her shop and raise chickens too. She also says that she still lacks skills and knowledge about poultry, so she will get poultry experts to help her out when she starts her poultry business. She aspires to become a successful businesswoman and a responsible housewife. She will try her best to work things out and believe in her dream. She is thankful towards all the lenders.
The other group members are engaged in ginger farming, a piggery, poultry, and vegetable farming. They are also very hard working, optimistic and always looking forward to development.
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
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This loan has been fully funded!