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Bandhana is a 30-year-old housewife. Her husband, Bimal, is 40 years old. He is engaged in potato cultivation. Both received secondary education. Bandhana passed VI standard (Grade 6) and her husband passed XI standard (Grade 11). They have four children: three sons and one daughter. All of them are receiving education. They are in class VI (Grade 6), class IV (Grade 4), class III (Grade 3) and class I ( Grade 1). They live in the town of Maynaguri, village of Tekatuli, in Jalpaiguri District.

Due to lack of capital, they could not invest properly in their farming. That’s why their earnings are not enough. So Bandhana has applied for a loan to purchase large quantities of potato seeds and fertilizers for cultivation. The demand for potatoes is very high in the present market. They are thankful to Kiva and Belghoria Janakalyan Samity for the loan. Bandhana also hopes that the profit she will make from the business will upgrade their poor financial condition and ensure that her family members – especially her children – will have a better future.

Additional Information

More information about this loan

This loan targets women in the financially underserved parts of India. With a largely rural population, the Jalpaiguri, Alipurduar, and Cooch Behar districts in the state of West Bengal are severely lacking in infrastructure and are three 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 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 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.

About India

  • $4,000
    Average annual income
  • 35
    View loans »
    India Loans Fundraising
  • $5,640,525
    Funds lent in using Kiva
  • 62.8
    India Rupees (INR) = $1 USD