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Lipika, age 23, is from a small village, Magurmari, in Dhupguri in the district of Jalpaiguri. She is married and lives with her husband and two children (sons). She is a housewife and read up to grade 10. One of their sons is a student of grade 1; the other is below the school-going age. They have a concrete-made house.

Lipika's husband, Partha, aged 30 years, is engaged in a small business. His income is not sufficient to cover all the expenses of her family. He is the only source of income for their family. Though a housewife, Lipika also helps her husband in his business, yet it is impossible for them to live life in a decent way. That’s why Lipika has decided to start a business of her own.

She wants to start a bakery shop and wants to prepare breads, biscuits, etc. She needs some capital to start her business. Lipika has taken a loan from BJS to purchase necessary ingredients like flour, yeast, oil, cinnamon, sugar, baking powder and other necessary equipment to start her bakery. As it is a profitable business, she hopes it will give her greater profitability, as there are no other bakery shops in the locality. This will improve her family’s financial condition.

She gives her thanks to BJS and Kiva for the loan.

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
  • 62.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Lipika to purchase necessary ingredients to start a bakery shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Dec 26, 2013
Jan 3, 2014
Currency Exchange Loss: