Laxmi is 53 years old. She is married and has two children, aged 30 and 25. In 2000, she established her woodcarving business. Working seven days a week and seven hours a day, she supports her family.
She has already received and successfully repaid seven loans from Patan BPW and used her most recent to buy wood and timber. In the future, Laxmi plans to uplift the economic conditions of her family. She thanks you for your support.
Nepal has a long and rich history of traditional handicrafts. Throughout the Kathmandu Valley, skilled artisans produce unique pieces of art that reflect Nepal's cultural diversity. Terra cotta pottery comes from the red clay of the surrounding Himalayan foothills. Bronze and silver statuettes are formed using wax molds and intricate hand tool finishing. In Patan, Newari culture and traditions are reflected in the images and symbols etched into metal or formed in stone. With the help of a Kiva loan, Nepal's artisans are able to purchase raw materials in greater volume. This increase in volume allows a single artisan to work on several pieces at the same time while increasing her profit margin.
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.