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Rengam Shg Group
In this Group: Doroichoi, Thangem, Perneihoi, Rumonei, Setining, Thangadam, Resomsem, Japuiem, Roimuning, Nesonteng
Thangadam is a working woman and a mother of three children, pictured at the extreme left with her hand raised.

She has a successful business with the previous loan that she got from WSDS. Her main activity is planting and selling local onions in a cycle of maximum three months time. With the loan she expects from Kiva, she wants to expand her business so that she can make more profit and help improve the family's ability to meet the challenges they came across from time to time. She wants to buy more seeds/saplings to plant and expand into other available areas of her land and to use organic fertilizer to increase the fertility of the soil to give more productivity and healthy products.

Thangadam and her other members of Rengam group mainly depend on the agricultural business by planting local onions, ginger, bananas and other items. They find it to be very profitable and make fast cash. Most of the vegetables they plant are used daily in almost every household and can be converted to cash within one to three months easily.

They go to the main Bazar every morning about 35 km away from their place of residence to sell their vegetables. Thangadam is excited to make more income by availing the loan from Kiva and also says she will repay the loan on time. She also requests that Kiva and WSDS continue supporting underprivileged women.

The other group members are also engaged in growing and selling local onions.

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
  • 54
    View loans »
    India Loans Fundraising
  • $4,824,950
    Funds lent in using Kiva
  • 65.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Rengam Shg Group's $1,525 loan helped a member to purchase saplings and seeds of local onions, plant them and sell them for profit.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Sep 4, 2013
Listed
Sep 24, 2013
Currency Exchange Loss:
Possible