A loan of $1,825 helped a member to buy bags of paddy rice, extract the grain from the husk, and sell it for a profit.

Yaiphabi Group's story

This group of 10 women is popularly known as “Yaiphabi Group”. They belong to a non-tribal community and live at the outskirts of Imphal East in a small village in Manipur state located in the North Eastern part of India. Taxi service is available but it takes about one hour drive to reach the place.

Chaoba is the profiled member pictured with raised hand. She is 40 years old and she is a mother to two sons and two daughters. Her husband is a hired lorry driver and the main earner of the family. Her three older children are school drop-outs and now her youngest daughter aged 14 years is the only member of the family going to school. Chaoba is determined to provide to her youngest daughter everything that she failed to give the older children. She is happy that every member of the family, too, supports the youngest daughter with the necessary requirements for her schooling.

In order to supplement the family income, before the loans Chaoba used to earn money on anything that came her way. She even worked as a lorry labourer doing work such as loading and unloading sand and grindstones from the truck. In 2010, she joined the group to access loans and start a business activity of her own.

With her first loan she purchased 10 bags of unhulled rice and paid INR 450 per bag weighing 40 kilogram each. She would then process the rice at a rice mill to separate the husk from the grain and sell it for a profit. With the second loan, she was able to expand her business with better profit earning. Her elder son helps her with the business. Apart from meeting the loan liability, she managed to save around INR 500 on a monthly basis together with a savings group of 30 members.

She plans to purchase a sewing machine for her other daughter to enhance her embroidery art and also wishes to own one of those rice mills down the road for future income opportunity. For this she means to save as much as she can with the help of her family members.

She needs another loan now to continue with her rice-selling business. With limited capital she was not in a position to do the business on large scale. She will use the loan to buy unhulled rice and stock it to sell when rice is in demand for a higher profit.

Likewise, the rest of the group members too need a loan to continue and improve upon their respective income-generating activities. Vegetable vending, sand sieving (quarrying), poultry farming, and grocery store business are some of the activities that the members are engaged in.

In this group: Chaoba, Binashakhi, Ibemcha, Anita, Bembem, Memtonbi, Tamphasana, Jina, Thoibi, Sandhyarani

Loan details

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Loan details