Funded

Total loan: $150
Powered by 6 lenders

Shanta

Nepal
SainbuBhaishepati, Nepal / Grocery Store

A loan of $150 helped to buys grocery goods for her shop.


Shanta's story

This is 42-year-old Shanta T.. She is married and has 3 children ages 23, 20 and 15. In 2005, she established her grocery store business. Working 7 days a week and 9 hours a day, she supoorts her family.

She has already received and successfully repaid one loan from Patan BPW and used her most recent loan to buy grocery goods for her shop. In the future, Shanta plans to boost the economic condition of her family and she thanks you for your support.

In the Kathmandu Valley, small grocery stores, called pasals, are an important part of the local economy. Fresh produce, milk, and staples such as rice, lentils, and flour are purchased daily for cooking in the home. Owners of small grocery stores use Kiva loans to increase their purchasing power and profit margains. By keeping inventory strong and purchasing in larger amounts, owners of these small stores are able to increase their profitability. While a typical pasal might be no more than 100 square feet, they are always full of bargaining customers, incoming produce, and shrewd businesswomen.

This loan was administered by Kiva's local partner microfinance institution, Patan Business and Professional Women. Patan BPW became Kiva's first field partner in Nepal in 2007. Patan BPW operates throughout the Kathmandu Valley, offering microcredit and business training programs to low-income women. In addition to providing economic opportunity to their clients, Patan BPW seeks to empower Nepali women within the home and community. For more information about Patan BPW, visit our partner page and keep an eye out for new loans and borrower updates, or join our BPW Lending Team.



Loan details

Loan length:

14 months
Disbursed date: January 3, 2011
Facilitated by Field Partner: Patan Business and Professional Women

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 3, 2011
Facilitated by Field Partner: Patan Business and Professional Women