A loan of $2,425 helped a member to purchase rice stocks while they are cheaper and sell them with good profits.

Ruth Group's story

“I have completed a six-year partnership with WSDS and it has been wonderful,” says Tinneichong, who is the secretary for Ruth Group and also the featured borrower. She is pictured with her hand raised on the extreme left. The group resides in a village that is about 40 kms from Imphal town.

At the beginning of the loans, she started off her business by selling meat in the market, but she gradually changed her business into selling rice. She did that because meat cannot be stored for days, which used to be a huge loss for business. She sells imported and local rice in the town market and sometimes she takes rice to the neighbouring villages and sells it. She also takes orders for rice and accordingly arranges it and makes an income from customers. Rice is a staple food for the state and it is not difficult to sell it.

With the Kiva loan, she will purchase rice from farmers and store it. Harvesting season has just ended and it is the right time to buy rice as the rate is low compared to other seasons. The profit will be more and she will have more chances to earn money in the future when the price of rice is high. She thanks Kiva for the support and for giving her financial support when she really needed it. She will always remain grateful for the work that Kiva has done. She says, “Thank you, Kiva.”

The rest of the group members are engaged in weaving, vegetable vending. rice selling, etc.

In this group: K.veineng, Tinneichong, Nemjahoi, Tinneikim, Akip, Akhol, Tinkhongah, Neihat, Nengneilhing, Nengneilhing

Loan details

Lenders and lending teams

Loan details