Geeta is determined to help her husband by providing financial assistance. So she has decided to take a loan from Kiva’s partner BJS, who gives loans to rural women, to buy potato seeds and fertilizers to start a potato cultivation business in their own plot of land. She is very energetic and enthusiastic and hopes to earn profits by selling the produce in the local market. It is a profitable business as the produce has a good demand in the present market.
Geeta's goals are to upgrade the financial condition of their family, give her daughter a good future, and enhance the business to secure their future. She dreams of building a pacca house (concrete-made) of their own with the profits from the business.
Geeta and her family will be thankful to both BJS and Kiva.
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 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.
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This loan has been fully funded!