Check out some available loans that are similar to this one!
Suprabha
Suprabha is a 20-year-old responsible daughter. Suprava has been involved in sewing for the last two years. Her father has been ill for some time. When she was 18 years old she decided to share her father's burden, earn money and be independent. So, she took training in tailoring and since then she has been engaged in tailoring. She currently has one sewing machine which she utilizes to stitch salwar suits (traditional Indian dresses).

She requested a loan of 20,000 Indian Rupees (INR) through People's Forum to purchase another sewing machine (a pico sewing machine) that will help her do pico stitching for sarees (pico is a special stitch for saree edges) and stitch saree blouses. She also plan to buy some cloth and make dresses to sell.

She says the gain from her business will help her to strengthen her family financially and help her be more independent. She hopes to be able to train some girls in her village and hire them to help by buying more sewing machines and growing her business, thus creating a living for other girls in the village.

Additional Information

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.

About India

  • $2,900
    Average annual income
  • 24
    View loans »
    India Loans Fundraising
  • $4,289,225
    Funds lent in using Kiva
  • 55.5
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $375 helped Suprabha to buy another sewing machine and some cloth, and to make dresses to sell.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 15, 2012
Currency Exchange Loss:
Possible