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Phanem Group
In this Group: Lhingkhohoi, Hoineng, Kimneiting, Hoikim, Lhingneithem, Nemjavei, Vahkim, Hatneineng, Hatshi, Nengneikim
“To be a responsible eldest daughter-in-law is a pride and a challenging task,” says Hatneineng. She is pictured with her hand raised and she is the featured borrower for the "Phanem" Group. After the death of her brother-in-law, she and her husband looked after the four kids her brother-in-law had left behind. She and her husband feed eight kids, which is inclusive of their kids and the bereaved brother-in-law's kids. She also says surviving without a regular income is the toughest part because her husband is a lorry driver. In case of bandh in the state or a blockade on the two National Highways, the family income depreciates. To supplement the family income, she started a small Pan-Corner in the town market, which is located near the Town Bus stand.

At the beginning of her business, she sold only paan and cigarettes as she didn't have sufficient capital to start a big business. Her prudent quality shows because after a year, she could refill her paan corner with cosmetic products and used clothes. She says her shop location gives more advantages than the rest of the shop. She gets more customers from bus passengers who are departing and arriving in the town. She now enhanced the family income by triple and shares her husband's burden.

With the loan, she will buy more stock for the shop including summer used clothes like kurtees, medi-pants, T-shirts, shorts etc. Her aspiration is to buy a mini-van and use it for hiring purposes. Her husband earns by driving someone else's vehicle, which is tiring and high risk because if there is unfortunate accidental damage, the driver has to pay. She says after she joined the Phanem Group, she grew in different manners of life. She gained trust from other business partners and opened more doors for income-generating activities. Hatneineng and her husband also support her sister-in-law in pursuing her BSc Nursing degree. She will complete her course soon. Her accomplishments are uncountable says Hatneineng. She and her husband will work side-by-side to achieve what they dream of and will surely be successful.

The rest of the group members are engaged in a ginger farm, a piggery, a garment-selling business etc. All the group members follow a group savings and a meeting is conducted on the second Sunday of every month. She says she is honored to be in the Phanem Group and thanked WSDS and Kiva for the support and love shown to the group. She considers it a personal blessing and prays to God for the growth of both WSDS and Kiva.

Additional Information

More information about this loan

This loan is part of WSDS's effort to reach some of the most underserved parts of India's troubled northeast region, where there is very poor penetration of both formal and informal financial services. By supporting this loan, you are enabling access to finance for women living in some of India's most remote areas.

Important note about this loan

Due to Indian government regulations, if you fund this loan, you will not be repaid for at least 3 years. This borrower will likely repay your loan much sooner than that, in which case, the Field Partner may re-loan your funds to help other local borrowers. We want you to be aware of this minimum 3-year waiting period and the associated risks before making a loan to Indian borrowers on Kiva. Learn More >

About WSDS-Initiate
WSDS-Initiate is an inclusive nonprofit that works with women across all tribes and minority communities in Manipur, located in the remote northeast region of India. Most organizations concentrate their work in the plains region of Manipur, but WSDS is among the very few organizations serving women in the isolated hills. Political unrest and frequent economic blockades in the area make it very difficult to provide services, resulting in Manipur having the lowest penetration of financial services in the country.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About India

  • $4,000
    Average annual income
  • 0
    View loans »
    India Loans Fundraising
  • $6,670,050
    Funds lent in using Kiva
  • 53.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Phanem Group's $1,875 loan helped a member to refill her stocks with more cosmetic products and summer used clothes.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
May 20, 2013
May 8, 2013
Currency Exchange Loss: