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Sandhya
Sandhya is a 55-year-old married rural woman who lives with her husband and two children (one son and one daughter) in Maynaguri region in the district of Jalpaiguri. They are less educated due to poverty, and they could not complete their studies, but they send their children to school for proper education. Their son is in college, and their daughter is in grade five. Her husband Sukumar, aged 69 years, is associated with a small business.

Her husband's income is too scanty to meet all the necessary needs of the family, including their children's educational expenses. So, Sandhya has decided to help her husband financially to run the family. She has decided to start a business of scrap and unwanted old things.

Sandhya has applied for a loan from BJS (Kiva's partner). She wants to use the loan to purchase scrap and unwanted old things, such as old newspapers, old pitch board boxes, broken utensils, plastic, etc., from door to door from different households in her locality; then sell the materials to the wholesalers. In this way, she will earn some profit to help the family.

Sandhya hopes that if she can get the loan, she can purchase more stock, which will generate more profit. Then it will be possible for her to enhance the business, and with the profit, she can do her level best to educate her children properly.

Her full thanks go to the lenders.

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
  • 176
    View loans »
    India Loans Fundraising
  • $5,200,500
    Funds lent in using Kiva
  • 60.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $175 helped Sandhya to purchase scrap and unwanted old things for resale.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 12, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible