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Mollika is a 28-year-old woman who passed class IX (Grade 9). Her husband is Jagadish, who is 38 years old and a car-driver by profession. He is illiterate and can only sign his name. They live with their two sons in their own pacca (brick-built) house at Bagnan in the small town of Maynaguri in the district of Jalpaiguri . Both their sons receive education. One is in class I (Grade 1) and the other is in class V (Grade 5).

Mollika is a very energetic entrepreneur. She herself tries to help her family financially by selling firewood. She has chosen this business as she can get enough supply of wood in their village. Moreover, there is less risk in this business. She learned that micro finance help small-scale traders to carry out economic projects and she applied for a loan from BJS.

With this loan she wants to purchase firewood to increase her stock. Mollika hopes that this loan will help her to expand her firewood business, which will bring in more income. Her family's living standards will definitely improve and it will add value to her business and allow the future education of their children.

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
  • 157
    View loans »
    India Loans Fundraising
  • $5,369,475
    Funds lent in using Kiva
  • 63.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $150 helped Mollika to purchase firewood to sell in her locality.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Nov 16, 2013
Nov 25, 2013
Currency Exchange Loss: