Funded

Total loan: $350
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Nitu

Nepal
Tangal, Nepal / Grocery Store

A loan of $350 helped to buy grocery goods.


Nitu's story

Nitu is 30 years old. She is married and has one child, aged 8. In 2007, she established her grocery store business. Working 7 days a week and 12 hours a day, she supports her family. She has already received and successfully repaid 6 loans from Patan BPW and used her most recent one to buy grocery goods for her business. In the future, Nitu plans to uplift the economic condition of her family. She thanks you for your support. In the Kathmandu Valley, a small grocery store, called a pasal, is 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 margins. By keeping inventory strong and purchasing in larger amounts, owners of these small stores are able to increase profitability. While a typical pasal might be no more than 100 sq. feet, they are always full of bargaining customers, incoming produce, and shrewd businesswomen.



Loan details

Loan length:

14 months
Disbursed date: August 5, 2012
Facilitated by Field Partner: Patan Business and Professional Women

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 5, 2012
Facilitated by Field Partner: Patan Business and Professional Women