A loan of $950 helped a member to buy a lot of firewood and sell it for a profit.

Naomi Group's story

Naomi Group was formed in 2010 and is comprised of 5 women members. All the members live in the same village by the name of Nungsai Chiru Village in the Senapati district of Manipur which is in the North Eastern part of India. The one and only reason why the group was formed is ‘coming together to help one another and supplementing family incomes by accessing loans’.

Jahonghoi is the profiled member pictured with raised hand. She is 42 and has a son and a daughter, who are both being sent to a private boarding school for a better education. The school is located some 40 kms from her native village. Her husband, who is a peon by profession, works at the village water supply office. His monthly wage (salary) is just enough to manage their children’s boarding school costs. In order to supplement the family income, Jahonghoi has taken up the business of buying and selling firewood. She buys firewood wholesale from one place and sells it retail to different places. Though the business can be expanded, she has to stick to her capacity because she cannot afford it financially. With some profit she earns, she is helping her husband in keeping the family going. This was how she tried to earn income before she accessed loans.

With some part of her first loan in 2011, she was able to expand her firewood business to some extent. With the remaining part of the loan, she managed to add some more activities to her business like selling vegetables and bananas as she found favorable with time and place. Adding more activities was also quite helpful as they could be done on a daily basis. She still wants to expand her business based on a daily, weekly and monthly basis because she finds that her income flow was better and it also helps her in repaying her loan. In order to keep her business running, she has requested another loan.

The other group members are engaged with growing and selling spring onions. They have successfully utilized the first loan and have earned benefits financially which help them in generating income to support themselves and their respective families. To continue with their business, they are awaiting another loan.

In this group: Rengchongnei, Jahonghoi, Warpi, Seikhosem, Janeichoi

Loan details

Lenders and lending teams

Loan details