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Grace Group
In this Group: Mankhoniang, Chingngaihnem, Chingmuankim, Grace, Nianghoihkim
Mankhoniang is a loving and hardworking mother. After her husband’s death, she became the family’s sole earner. She takes care of her four children and family affairs all by herself. She is 55 years old and lives with her children in Churachandpur, which is 60 km from the city of Imphal, Manipur, one of the states of India. Her two sons are doing sand sheaving on a daily wages basis.

As the cash flow in the family is unreliable, Mankhoniang engaged herself in making liquid tobacco (local name: tuibuh tui) as a business. She usually buys the tobacco leaf from the market or from a distant village, and then brews it. The extracted liquids are bottled, and she sells them in the market.

She wanted to invest more money to expand her business. However, due to the shortage of money, she could not prepare more than 20 liters. She runs her business and family with the little amount her husband had left as a pension. With the Kiva loan, she will buy more essential products to continue with her business.

She thanked Kiva for being such a great help. Likewise, the rest of the group members are doing grocery shop, weaving and variety store businesses.

Additional Information

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 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

  • $2,900
    Average annual income
  • 0
    View loans »
    India Loans Fundraising
  • $4,672,550
    Funds lent in using Kiva
  • 60.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Grace Group's $1,275 loan helped a member to buy tobacco leaf to make tuibuh tui (liquid tobacco) and sell it to make more profit.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 7, 2014
Listed
May 13, 2014
Currency Exchange Loss:
Possible