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Kalpana is a 49-year-old housewife from a small village in Dhupguri. She lost her husband a few years back and now lives alone with her two children. She is illiterate and only knows how to sign her name, but very much willing to send her children to school. Unfortunately she is unable to send her children to school due to extreme poverty. She has to send her children to work to bear the family expenses. The children are the only wage-earners of her family, having engaged themselves in mason's work.

Kalpana is a homemaker and it is next to impossible for her to fulfill the family’s basic needs with her children’s weekly income. She has her own land for farming, so she plans to take out a loan to start her new business of potato cultivation. She applied for a loan from BJS (Kiva’s partner) to purchase potato seeds, fertilizers, urea and more for farming potatoes in her own land. Kalpana, being enterprising and tenacious, decided to grow potatoes as potatoes are a year-round crop as well as a very popular vegetable for most of Indian dishes.

Kalpana is confident that she can earn a good profit through her new business which will enable her to generate sufficient income to give financial support to her children. She hopes that she could be able to build a pakka (concrete) house with the profit from her potato business and can improve her financial conditions to run her family smoothly. It becomes possible for her to start the new potato business only because of BJS and Kiva, so she is highly obliged to the lenders for funding 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
  • 194
    View loans »
    India Loans Fundraising
  • $5,207,575
    Funds lent in using Kiva
  • 62.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $200 helped Kalpana to purchase potato seeds, fertilizers, urea, etc. for potato cultivation.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Dec 31, 2013
Jan 6, 2014
Currency Exchange Loss: