A loan of $925 helped a member to buy more stock to sell.

Emoinu Group's story

This is the Emoinu group, which consists of five members. With the same economic background, these five Meitei women came together to help one another to obtain a loan and try to supplement their family income. They all live in a small village on the outskirts of the Imphal East district in the state of Manipur, which is in the northeastern part of India. It takes about 45 minutes to drive from the main city of Imphal.

Bimola is the profiled member pictured with her hand raised. She is 31 years old and a mother to two daughters who are still studying in a private boarding school in the neighboring town. Her husband is a farmer by profession with no source of regular income. In order to supplement the family income, with the help of her parents, she managed to open a small shop on a small budget. In her shop she sells paan, cigarettes and the like, and a few eatables like chips. This is the way she tried to earn an income before her loan activities.

With her first loan in 2010, she expanded her store. She used the loan to extend her store to room size. With part of the loan, she stocked the store with cooking oil, onions, tomatoes, spices in satchets (meat masala, turmeric powder, ginger, chili) and potatoes and sold them at a profit. She was able to repay her loan without any problem. With her second loan, she was able to purchase stock in greater quantities and she brought in more items such as washing detergents, sugar, milk packets, cell batteries and daily use items. With the money she saved, she started selling vegetables in the morning and afternoon such as coriander, cauliflower, cabbage and locally found vegetables while her husband did the cooking and managed the store in her absence. She is very happy with her husband's helping nature. She is in a better position to support her children with their educational requirements. Above all, she is happy with all the appreciation that she gets from her parents with the good start that she has.

She has been saving and in the future, she plans to purchase one minivan to service as a passenger carrier between Imphal. She needs a loan to continue with her selling activities. She will use the loan to increase her store stock to sell. Likewise, the rest of the group members need this loan to do better with their income-generating undertakings. The members’ activities are sand sieving, local wine vending, vegetables vending and weaving traditional clothes, respectively according to their earning convenient.

In this group: Bimola, Ibecha, Akashini, Nupimacha, Pramo

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