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Samaritan Group (B)
In this Group: Nenghoi, Nemneng, Lt Kipsojang, Hoipi, Kimma, Lamlhing, Vahneilhing, Akip, Neichong, Lamting, Lhaineilhing, M Inaocha
Twelve mothers from the same school joined hands and formed the Samaritan Group (B). The tireless, determined and loving mothers strive hard to give the best to their family and kids. They live in a village and most of them are cultivators and weavers. Nenghoi, the featured borrower member for the group, appears in the photo with her son. Both of them are raising their hands.

“Sending kids to school makes me happy,” says Nenghoi. "They work harder and stronger when they score good grades." She and her husband are cultivators and generate income by selling their produce from the paddy fields and vegetable farms. The income is irregular and not reliable for monthly expenditures including school fees and other necessary expenses. At the beginning of the year, they usually take a loan from moneylenders to meet their educational expenses. Paying the monthly interest and saving money to repay the capital prevents them from paying the monthly school fees on time.

With the help of the Kiva education loan, she will pay for her son's school admission fees, textbooks & stationary, other annual examination fees and necessary expenses. She says, “Thank you so much Kiva." She shares one of the group member's delightful experiences and says that her friend is expressionless with the Kiva education loan entitlement for her twins. Her twins took the education loan and both of them are in school.

The rest of the group members will also pay for their kids' educational expenses and will repay the loan on time. They all say, “Thank-you Kiva”.

Additional Information

More information about this loan

This loan is part of WSDS's education program, designed to finance school expenses such as tution, books, stationary, transportation and fees for students from poor and low income families. Funds can be used for partial or complete payment of school expenses. By supporting this loan, you're enabling access to education for students with limited options.

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 WSDS-Initiate
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

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

Tags

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 portion of Samaritan Group (B)'s $1,475 loan helped a member to pay for school fees, supplies and other annual educational expenses.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 5, 2014
Listed
Feb 12, 2014
Currency Exchange Loss:
Possible