Shrijana B. has just opened a new restaurant business in the city of Patan located in the Kathmandu Valley, Nepal. Her restaurant has only been open for one week and already there have been many satisfied customers.
Shrijana is applying for a loan of $150 to stock up on food supplies for her restaurant. She and her husband work together cooking the food and make traditional Newari meals which are popular with people belonging to the Newari ethnicity. Buffalo is used to make most Newari foods and a favourite Newari snack is dried buffalo spiced meat, similar in taste to beef jerky.
Shrijana and her husband have been married for one year and do not have any children as yet. Their family home is opposite the restaurant which will make getting to work very easy for both of them. Prior to opening the restaurant she and her husband were working in handicrafts.
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.