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Olive Shg Group
In this Group: Thoitakhoi, Roimucham, Jatakhoi, Thangmuring, Jianpui, Nichoibong, Thoitakem, Thoitakcham, Paraem, Thamchim
With sweat on her face and hands, Nichoibong says, “It is not easy to run a tea-stall in summer,” and heaves a sigh. Nichoibong is short in height, studied until primary level, and runs a tea-stall for her income. Her tea-stall is also captured in the picture where the group member stands in the front of the tea-stall. She belongs to Olive SHG Group and is the featured borrower member for the group. She is pictured with her hand raised.

All the members live in the same village, and all are engaged in income-generating activity. The group was formed to encourage, motivate and be financially independent. The village is about 30 kms away from the main town of Imphal, and it is also one of the capital states in the northeastern states of India.

Nichoibong has been running the tea-stall for more than a couple of years, and before this she used to grow chives and sell them. The tea-stall is in the front yard of her house, and it is built with a tin roof, knotted bamboo and no concrete flooring.

The tea-stall is open at the break of the dawn and closes down at sunset. She sells tea, toast and puri (fried flatbread) in the morning. Most of the time she uses firewood and charcoal for heating, as the liquefied petroleum gas is expensive. The firewood is sometimes collected by herself from the nearby fields to save some income. She usually gets the supplies from the main city market, and she also purchases on credit from the village grocery shop.

Nichoibong prepares good tea with tasty puri and toast, which is the main attraction for the villagers. People buzz in during the early morning to have tea and puri for breakfast. At daybreak, elders hang out at the stall and kill time. Farmers also stop at the tea-stall in the evening when they return from the field to have a cup of tea. Her warm and humble nature attracts people to sit and have tea at the stall.

The generated income is mostly used to manage the family expenses, and the case gets worse when the credit repayment from customers fails.

Nichoibong wants the loan to purchase bags of flour and wheat, milk powder, edible oil and extra gas. With the stock list, she will be able to run the business efficiently without worrying about the next day. She will open an account and start monthly savings for the future, and also repay the loan on time. She is happy that Kiva and WSDS create a platform for women who need financial support, and she wishes them good luck.

The rest of the group members are also engaged in a piggery, vegetable-selling, poultry, etc.

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
  • 157
    View loans »
    India Loans Fundraising
  • $5,369,475
    Funds lent in using Kiva
  • 61.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Olive Shg Group's $1,650 loan helped a member to purchase bags of wheat and flour, edible oil, and stock for her tea-stall.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 14, 2013
Aug 23, 2013
Currency Exchange Loss: