Bina M. is 40 years old, from Thecho, Lalitpur. She lives together with her husband and two sons. Her husband, Mr. Ashok M. works in a private bank. Her older son is studying in grade 6 and her younger son is in primary school. Five years ago, Mrs. M. opened a grocery store selling a variety of goods.
From her previous initial loan with KIVA, she was able to purchase a variety of grocery items. She is now requesting a loan of Rs 30000.00 to buy other grocery goods such as noodles, rice, and biscuits. She wishes to use her income to provide a better education to her children.
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.