Sabitri is an unmarried and physically challenged lady aged 36. At present she lives with her mother and younger brother. Unfortunately her father passed away twelve years ago. Her younger brother is the only wage earner for her family. Her brother's income is not enough for her family. Sabitri says that her financial condition is very poor. If she can get some financial support, she will invest in a utensils shop. She is going to sell aluminum pots and pans for cooking.
She has experience in the utensil business for the last three years as she was helping her brother who sells utensils on a push cart (a mobile utensils shop). Sabitri now wants to utilize those business skills she has acquired and do same business at her home and generate additional revenue for her family and ensure her mother is taken care of as her brother might not be able to support them in the future due to additional responsibilities of his family after his marriage. She needs a loan of 40,000 Indian Rupees (INR) to start her own aluminum utensils business at home.
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.