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Prembala is a 53-year-old widow, raising her two children. She is a rural resident. She lives in the small village of West Magurmari in the district Jalpaiguri. She lost her husband few years back. She is engaged in milk supply business to look after her children and meet the expenses of her family.

Prembala is illiterate and can only sign her name. She lives in their kachha house (mud and straw-made) with her two sons. One of her sons receives education and studies in class XII (Grade 12). The other is a day labourer.

Prembala has a milk supply business, and it is admirable that she is able to do that along with maintaining her household work. But nowadays, when the prices of essential goods are increasing day by day, it is impossible for her to run her family well with her small income. She wants to buy one more cow to expand her business.

She came to know about BJS and about microfinance loans, and applied for a loan from BJS to buy one more cow. She hopes it will help her to develop her business which will generate extra income to meet the financial needs of her family and give better education to her children.

She also hopes to set aside the extra profit to make a dairy farm of her own.

Additional Information

More information about this loan

This loan targets women in the financially underserved parts of India. With a largely rural population, the Jalpaiguri, Alipurduar, and Cooch Behar districts in the state of West Bengal are severely lacking in infrastructure and are three of the poorest districts in Eastern India.  This loan enables female entrepreneurs to maintain their current businesses in an area that is under-developed and poorly served by financial institutions

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 Belghoria Janakalyan Samity

Belghoria Janakalyan Samity (BJS) is a non-profit organization located in India that focuses on poverty alleviation through women’s empowerment. The organization is remarkable in its commitment to the holistic development of some of the poorest districts of West Bengal and goes further than most of its competitors in offering vital access to social services like child schooling, medical services and financial literacy training in addition to credit. Kiva lenders’ funds will be used to create new loans for clients, expand the reach of the organization into more rural areas, and deepen the scope of BJS’s non-financial services that provide key support to the surrounding communities.

About India

  • $4,000
    Average annual income
  • 117
    View loans »
    India Loans Fundraising
  • $6,155,000
    Funds lent in using Kiva
  • 62.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Prembala to purchase a cow to expand her existing business selling milk and dairy products in the market.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Nov 14, 2013
Dec 1, 2013
Currency Exchange Loss: