Manas, 29, is a physically challenged man living with his small family in Torasingh village in the state of Odisha, India. His family consists of his parents, younger brother and his wife. His father is into agriculture, and his younger brother helps his father in the fields.
The main source of income for his family is paddy cultivation. Their living has been very unpredictable as weather might be favorable sometimes and not so other times. So, Manas wanted to supplement his father's income despite the limited opportunities he had due to physical disability and lack of education. He started a betel shop with the help of his father eight years ago as he saw a good opportunity for business.
There are 100 families in his village and there are only three shops which can cater to their daily needs ranging from grocery items and snacks to mobile phone refill vouchers. So he started a betel shop selling food items like rice and cooking oil, packaged food like biscuits and cake, mobile refill vouchers, etc. He is helped by his father and brother to restock his inventory every three days from the nearby market.
He has requested a loan of 50,000 Indian Rupee (INR) to purchase stock in bulk and repair his shop. He says that buying in bulk will avoid these frequent trips to the market and reduce his buying costs as well. He says that he likes the fact that he is helping the people in his village by providing their daily needs at a stone's throw. He wants to be able to provide more variety and to meet the demand of his customers to make his customers and eventually his family happy.
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 People's Forum
People’s Forum is a development organization based in Odisha, India that provides affordable loan products and support services to women. The organization distinguishes itself by reaching out to particularly marginalized groups, including leprosy-affected families, widows, single mothers, and disabled persons. People’s Forum will harness Kiva’s flexible, zero-interest capital to serve even more borrowers in one of the poorest regions of India.