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Sahada, 47, lives in Parandih, Deoghar, Jharkhand. Parandih village is 12 kms from Deoghar town. For years, the village was cut off from Deoghar, as there was no bridge over the Ajoy River. Things changed over the last four years, when the bridge was constructed and the village became accessible.

Sahada is married and a mother of five children. One son is working as a driver, while others are still studying. Her husband has been a masonry worker for the last seven years and earns Rs. 4,000 per month.

Sahada sells accessories and makeup items like bangles, powder, lipstick and face creams in different villages. She also sells them in the weekly market of her village and earns around Rs. 3,000 per month. As an asset, she has one acre of land.

Sahada has repaid her first loan from MESP successfully and now is requesting a second one. She needs a loan of Rs. 8,000, with which she will be able to buy more items and stock up.

Sahada wants to increase her family’s income, and she hopes to save enough for her children’s education. She wants to engage her son in the contractor business.

Additional Information

More information about this loan

This loan is designed to provide financial assistance, income generation and other services for marginalized and poor populations in Jharkhand and West Bengal. It has been enabled through MicroGraam’s partnership with Micro-Enterprise and Sustainability Project (MESP), established in 2010. By funding this loan, you are creating opportunities for underserved populations in India.

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 >
Additionally, this loan may be post-disbursed, in which case this borrower will only receive the loan after it has been 100% funded by Kiva lenders. Because it is difficult to predict when a loan will be fully funded, the disbursement date may have been estimated by the Field Partner and may be inaccurate by several days or weeks.

About MicroGraam

MicroGraam is a Bangalore-based, crowd-funding lending platform that aims to promote development and growth throughout India by providing underserved populations with access to formal loan capital.

In order to provide critical capital in remote areas of India, MicroGraam collaborates with various partners located across the country, applying a structure very similar to Kiva’s. The organizations currently provide clients -- most of whom are women -- with three types of loans: (1) agricultural loans, (2) educational loans, and (3) microenterprise loans.

Kiva lenders’ funds will enable MicroGraam to forge new partnerships with important social organizations, connecting more rural areas with critical access to capital.

About India

  • $4,000
    Average annual income
  • 95
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 61.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $150 helped Sahada to stock up on items like bangles, powder, lipstick and face creams.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 18, 2014
Mar 26, 2014
Currency Exchange Loss: