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Rengsai Shg Group
In this Group: Thangakim , Rongsonkip, Neitinhoi, Thangmuen, Ringneioi, Merabong, Khoneichong, K.r.sem, Wonkhokim, Songneikip
In autumn, these ten hard working tribal women formed a group called Rengsai. They live in a small village that is 30 kms away from the city Imphal in the state of Manipur, which is in the northeastern part of India.

Thangakim is the member pictured with her hand raised and she is the featured borrower member for the group. She is 30 years old and a mother to a beautiful daughter. Her husband is a laborer who cuts wood and bamboo from the jungle and supplies it in the market.

Since her husband’s income could not sustain the family, in order to reduce financial worries, she opened a grocery shop in the village. She keeps commodity products like edible oil, soap, detergent, salt, potatoes, etc. in her shop. When she gets the loan from WSDS, she plans to expand her shop and refill it so that she will have sufficient stocks to provide her customers' needs even during economic blockades. Besides her low-budget business, Thangakim and the other group members are engaged in seasonal farming like planting bananas, ginger, onions and vegetables.

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
  • 151
    View loans »
    India Loans Fundraising
  • $5,402,725
    Funds lent in using Kiva
  • 65.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Rengsai Shg Group's $1,525 loan helped a member to buy grocery items and refill the shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Sep 4, 2013
Sep 12, 2013
Currency Exchange Loss: