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Chiengkonpang F Group
In this Group: Tingzanieng , Chonglaldeih, Hoihzanei, Chongneo, Chongboi, Mary Jone, Lucy, Tingneihat, Tingneilhing, Rosemary, Chongmuonkim, Bimola, Lamneihchong, Niangzanem, Chawinu
Tingzanieng and 14 other women residing in various rural areas around Churachandpur, Manipur in northeast state of India have come together to seek a loan to buy a solar home lighting system. Tingzanieng is the featured profile member pictured with her hand raised. Devoid of continuous access to grid-based power, the family depends on alternative lighting devices like kerosene lamps, candles, petromax, etc. to light the home for a significant period of time after dark every day. Tingzanieng is forced to divert a considerable share of their means towards the purchase of these alternative lighting sources as they demand expensive fuel. Besides, the lamps are putting the health of the family members at risk as they emit lethal gases while burning kerosene.

Since a solar lighting system is powered by the sun’s renewable energy; the system is energy neutral and an absolutely clean source of illumination. Therefore, Tingzanieng and the rest of the group members want to purchase solar lighting devices which are a cleaner alternative. However, these women cannot afford them as they entail finances out of their reach. So, they are looking for support in the form of a loan amounting to 182,595 INR to buy solar lighting devices each costing 12,173 INR. Your help will not only bring an end to their daily ordeal with the noxious fumes but also engender additional savings to live a better life.

Additional Information

More information about this loan

This loan is part of WSDS' effort to promote solar energy and make it affordable for low-income households. It will be used to purchase a solar home lighting system and targets some of the most rural and remote parts of northeast India. These villages either do not have electricity at all or lack reliable electricity. By funding this loan, you are helping to provide lighting to households while also promoting green energy products and helping individuals reduce their energy expenses.

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.

About India

  • $4,000
    Average annual income
  • 188
    View loans »
    India Loans Fundraising
  • $5,210,575
    Funds lent in using Kiva
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Chiengkonpang F Group's $3,100 loan helped a member to buy a 40 watt mini solar home lighting system which will light up 4 light bulbs for 12 hours a day.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 22, 2014
Listed
Jun 6, 2014
Currency Exchange Loss:
Possible