Sarmila K. has one son, who is studying in primary school. Her husband Mr. Santosh K. works in his own grocery store.
Sarmila K. already owns one cow and she has been selling milk in her area. In Nepal pure, fresh cow’s milk is highly valued for human nutrition.
Sarmila K. lives in a growing neighborhood, and in that area the demand for milk is constantly increasing.
She carries her milk containers and sells door to door daily in the morning and in the evening. Because of the rising demand for milk, she wants to buy another cow to increase her production. Sarmila K. plans to purchase a jersey cow, which produces more milk than normal cows. So she is asking for a Rs25,000 (US$375) loan to buy a young, milk-giving cow.
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.