Mrs. Minu S. is a resident of Wolkhu, Lalitpur, and attends the microfinance group meeting in Tangal, which is only five minutes away from Wolkhu. She lives with her husband, son, and daughter. Most of the people in this area are engaged in business. Her daughter is in grade 11, and her son is in grade 6.
Both Mr. and Mrs. S. are engaged in their own business. For 8 years they have make papads, colorful chips, snacks, and pickles in their own home, which they sell in grocery shops. Their snacks have become very popular. Mrs. S. is requesting her fifth loan of Rs 30000.00 ($400.00) to purchase more ingredients for their business.
About BPW Patan
This loan was administered by Kiva's Field Partner, Patan Business and Professional Women. BPW Patan became Kiva's first Field Partner in Nepal in 2007. BPW Patan is continuing to operate after the serious earthquake which took place in Nepal in April 2015. Given the difficult circumstances borrowers and partners face post-natural disasters, these loans may therefore carry additional risk. BPW Patan operates throughout the Kathmandu Valley, offering microcredit, business training, and literacy classes to low-income women in both urban and rural areas. BPW Patan uses a group lending methodology, which not only allows women without collateral to access finance, but also provides members with a valuable support system. In addition to providing economic opportunities to its clients, BPW Patan seeks to empower Nepali women within their homes and communities. For more information about BPW Patan, visit the BPW Patan Partner Page and keep an eye out for new loans and borrower updates. Also, please consider joining the BPW Patan Lending Team to show your support.