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Sumati is a 26-year-old woman. She is married and a mother of two children (one son and one daughter). She lives in the small village of Magurmari in the district of Jalpaiguri with her children and husband. Her husband Naresh, 44 years old, is a farmer by profession. Both Sumati and her husband are illiterate and can only sign their names. One of their children is in grade five.

They have ancestral land where her husband grows vegetables. He sells the produce to the local people. He is the main source of income for the family, but his income is hardly enough to provide food for the family in the present situation where the prices of essential commodities are going up by leaps and bounds. In order to provide additional income, Sumati is engaged in animal husbandry. She has one dairy cow. She feeds the cow and sells milk at local markets. Sumati wants to expand her business by selling more milk by purchasing one more cow, but she does not have enough money.

Sumati requested a loan from BJS to purchase a dairy cow. She hopes to get additional profit as more cows means more milk. Sumati plans to invest the earnings from the loan to increase the number of domestic livestock and save money to make a concrete-made house for their own use.

She is grateful to both Kiva and BJS.

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
  • 101
    View loans »
    India Loans Fundraising
  • $6,144,275
    Funds lent in using Kiva
  • 59.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $150 helped Sumati to purchase a dairy cow.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 6, 2014
Apr 5, 2014
Currency Exchange Loss: