Her husband is a tea grower who farms tea on their land. But due to lack of capital, they are not farming well. So Manoka wants a loan to purchase seedlings and fertilizers to grow tea on a large scale. The demand for green tea leaves is more in that area because there are a lot of tea gardens. They hope this farming will give them more earnings.
In the future, they want to build a sanitary toilet with the profit. She gives hearty thanks to BJS and Kiva for this loan.
More information about this loan
This loan targets women in the financially underserved parts of India. With a largely rural population, the Jalpaiguri district in the state of West Bengal is severely lacking in infrastructure and is one of the poorest districts in Eastern India. This loan enables female entrepreneurs to maintain their current businesses in an area that is under-developed and poorly served by financial institutions.
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 >
About Belghoria Janakalyan Samity
Belghoria Janakalyan Samity (BJS) is a non-profit organization located in India that focuses on poverty alleviation through women’s empowerment. The organization is remarkable in its commitment to the holistic development of some of the poorest districts of West Bengal and goes further than most of its competitors in offering vital access to social services like child schooling, medical services and financial literacy training in addition to credit. Kiva lenders’ funds will be used to create new loans for clients, expand the reach of the organization into more rural areas, and deepen the scope of BJS’s non-financial services that provide key support to the surrounding communities.
17View loans »
This loan has been fully funded!