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Precilla Group
In this Group: Kholnu, Ngaikim, Chingliankim, Hoikhoneng, Chinzanian
Chinzanian is the featured borrower for Precilla Lom group and she is presented with her hand raised. She is known for her confidence and endeavour in whatever she ventures. Their group formation has completed more than two years and they still believe in one another. The group wish to continue their relationship for better or for worse. They all live in a town which is about 62 kms away from the town capital and it is also the second most populated town in the state of Manipur, which is one of the North-Eastern states in India.

Chinzanian runs a tea-stall in the village, and the stall is located at the junction point of three villages. Villagers, nearby residents and passengers waiting for public transport usually stop at the tea-stall for tea, 'puri', toast, boiled egg, and omelette. Her love for work is appreciated by the group members as well as by villagers. Household expenses are borne by her as her husband's income is mainly used for their children's education and other family expenses. She is always in need of capital money as family priorities need to be taken care of and borrowing money from money lenders is possible only at a high rate of interest.

With her Kiva loan, Chinzanian will purchase stock like wheat flour, milk powder, and liquified petroleum gas. She wants to run the business efficiently and generate more income to manage her family expenses. She thanked Kiva and WSDS for the wonderful work shown with the group and she wishes to continue working under the umbrella of Kiva and WSDS. She says, “Thank you so much, Kiva.”

The rest of the group members are also engaged in small businesses like selling chilli, 'paan-dukan' and running a variety shop.

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
  • 7
    View loans »
    India Loans Fundraising
  • $6,682,200
    Funds lent in using Kiva
  • 63.7
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Precilla Group's $1,200 loan helped a member to purchase stock like wheat flour and powdered milk for the tea-shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Sep 10, 2013
Sep 16, 2013
Currency Exchange Loss: