A loan helped to buy grocery goods.
Om Devi's story
Om Devi is 55 years old. She is married and has four children, ages 27,25,19 and 15. Many years ago, she established her grocery store business. Working seven days a week and 12 hours a day, she supports her family. She has already received and successfully repaid five loans from Patan BPW. She used her most recent to buy grocery goods for her business. In the future, She plans to uplift the economic conditions of her family. She thanks you for your support. In the Kathmandu Valley, the small grocery stores, called pasals, are an important part of the local economy. Fresh produce, milk and staples such as rice, lentils and flour are purchased daily for cooking in the home. Owners of small grocery stores use Kiva loans to increase their purchasing power and profit margins. By keeping inventory strong and purchasing in larger amounts, owners of these small stores are able to increase profitability. While a typical pasal might be no more than 100 sq. feet, they are always full of bargaining customers, incoming produce and shrewd businesswomen.
This loan is special because:
It provides business and financial training to female small business owners.