She opened her tailoring shop 3 years ago, and she notes that she specializes in making custom-fitted ladies dresses (e.g., Kurta Sulwar, which are very popular with Nepali women). Before she started her own business, Mrs. M. completed a 6-month training course in tailoring from a tailor shop near her home.
She is requesting a loan in the amount of $225 in order to buy raw materials for her tailoring work. In turn, she expects to generate an increase in her shop's income, which she will use to improve her family's living conditions and to pay for her daughters' educations. In Nepal the cost of a good education is increasing, so Mrs. M. is saving her income to provide her daughters with such an education.
About BPW PatanThis loan was administered by Kiva's Field Partner, Patan Business and Professional Women. BPW Patan became Kiva's first Field Partner in Nepal in 2007. BPW Patan is continuing to operate after the serious earthquake which took place in Nepal in April 2015. Given the difficult circumstances borrowers and partners face post-natural disasters, these loans may therefore carry additional risk. BPW Patan operates throughout the Kathmandu Valley, offering microcredit, business training, and literacy classes to low-income women in both urban and rural areas. BPW Patan uses a group lending methodology, which not only allows women without collateral to access finance, but also provides members with a valuable support system. In addition to providing economic opportunities to its clients, BPW Patan seeks to empower Nepali women within their homes and communities. For more information about BPW Patan, visit the BPW Patan Partner Page and keep an eye out for new loans and borrower updates. Also, please consider joining the BPW Patan Lending Team to show your support.
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Success!! The loan was 100% repaid