Sulochana is 38 years of age and is married to Kalia, who is a mason. She lives with her husband and 11-year-old daughter. She is very well known in her neighborhood as she loves talking to people.
Sulochana has been ill since 2007 and was unable to find regular work since then. So she purchased five goat kids to take care of them and sell them for meat when they grow. Now she owns eight goats and wants to purchase more kids and sell them when they grow. It takes eight to nine months for her to make them ready to sell. She goes out in the morning to leave the goats to graze in the fields and returns by noon. She is then involved in household activities and resumes taking care of her goats by feeding them at home. Her husband assists her in selling and maintaining these goats.
She says that there is a lot of demand during the local festive and Indian wedding seasons. Currently she is not able to meet the demand during these months and other peak demand times. She wants to take out a loan of 20,000 Indian Rupees (INR) to purchase some goat kids to be able to sell more and seize the opportunity during this peak demand period. She wants to see her daughter become educated and independent.
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.