Bethel Shg Group
Rumunhoi is one of the six members of the group and is pictured with her hand raised. She is 33 years old and has one daughter. Her husband is in the army. Rumunhoi opened a 'pan' shop near the market area. With the loan amount she wishes to expand and refill the shop by buying varieties of chips in packets, cigarettes, and betel leaf/nut which are in demand. She believes that her shop will be a source of generating income for the family instead of her being fully dependent on her husband’s salary. Her daughter is studying in grade one, and she wishes to send her daughter to good schools in the future to receive quality education.
Likewise, the rest of the group members also aspire to raise their economic, financial and living standards by generating more income. Some of the group members do chives cultivation, weaving or have 'pan' shops.
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 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 >
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
Loan tags help lenders find loans that match certain areas of interest. You can add up to 5 tags for this loan.
3View loans »
This loan has been fully funded!