Funded

Total loan: $2,925
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Esther Group

India
Saikul, India / Cafe

A loan of $2,925 helped a member to purchase more sacks of flour and wheat, and also juices and cold drinks for the tea stall.


Esther Group's story

Hechong runs a tea stall at the centre of the town market, which is about 40 kms from Imphal town. The shop has an immense advantage in earning as it is located close to the town parking shed. Tired and exhausted travelers usually drop in for a cup of tea to start off and she also tries her best to give good customer service. She is the featured borrower member for Esther Group and she is pictured with her hand raised.

Hechong opens the shop early in the morning and usually closes down before the sunset. Her business peak time is early morning and at noon time. Her tea stall is a success and she is earning well. The generated income is insufficient for the family as she also takes care of her husband's nieces and nephew who were unfortunately abandoned by their father. She is striving hard together with her husband to manage the family expenses and also to stand as a financially independent woman.

With the Kiva loan, she will purchase more sacks of flour and wheat, and also juices and cold drinks to sell. The burden of rolling out the capital money for investment has been fulfilled by Kiva and she is very glad. Earlier, she used to get capital money from local money investors with high interest rates.

She says she will try her best to expand the shop and make more income to support the family and give good education for the children.

The rest of the group members are engaged in poultry, weaving, selling garments, and running a tea stall.

In this group: T.lewish, Kimneng, Nenghat, Nemjanei, Hatnem, Kimneichong, Hoinu L., Neihmunchong, Hoikipnei, Lhingcha, Martha, Hechong
*not pictured



Loan details

Repayment schedule: At end of term
Disbursed date: December 18, 2013

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: December 18, 2013