Mrs Maya Rani Singh
- Success Stories from North-East for Women Empowerment -

PIB Feature *

Mrs Maya Rani Singh

NEDFi is also facilitating marketing support to the artisans of NER through exhibition participation and its various showrooms at Guwahati & Khetri in Assam, Imphal in Manipur, Aizwal in Mizoram, Namchi in Sikkim and Tawang in Arunachal Pradesh.

The showrooms at Guwahati, Khetri and Aizwal are under NEDFi's direct CSR support and the rest of the showrooms are setup in collaboration with various established NGOs/Societies of the locality.

3. Name: Mrs Maya Rani Singh

Mrs Maya Rani Singh, aged 35 years of Sawmill area of Pasighat, District East Siang of Arunachal Pradesh who had lost her husband in the year 2015, found difficulties to survive with her lone child. Nightingale Finvest Pvt Ltd (a sister concern of Nightingale Charitable Society, who have been associated with NEDFI as an assisted MFI since 2003) initiated its Micro credit operations by the year 2015 at Pasighat, Arunachal Pradesh with the funds from NEDFi under "NEDFi Microfinance Scheme for unserved & Underserved Areas".

Mrs Singh came to know about the development through peer groups that the NBFC-MFI is providing Micro credit to women belonging to poor and low income group of the society for income generating activities.

She became member of a Joint Liability Group (JLG) in her area with a view of availing loan from Nightingale Finvest Private Ltd.

She was found eligible for availing micro credit by the NBFC-MFI and accordingly she could avail her first cycle loan of Rs. 9,000/- (Rupees nine thousand) only in the year 2015.

She started a tea shop with the help of the Micro credit loan from the NBFC-MFI. After repaying the entire loan with interest, she availed the second cycle loan of Rs.15,000/- (Rupees fifteen thousand) only in the year 2016 and in the same year she graduated her tea shop to a tea cum stationery shop.

Her stationery business started to grow with her dedication and presently her loan intake capacity has grown to Rs.30,000/- with improvement of her stationery shop business.

She is now living happily with her lone son. Her monthly income is now ranging from Rs.10,000/- to Rs.12,000/-.

It was possible only due to her sincerity, hard work & honesty and also for financial support received from Nightingale Finvest Private Ltd.