Kahnu Charan is aged forty-two and expert in bamboo works. He is married with five children, two of whom are still in school. Unfortunately his right leg was damaged in an accident. For this reason he cannot do work that involves a lot of physical strain.
Kahnu Charan has been engaged in bamboo work for the last thirty years. He makes different bamboo items like baskets to hold articles to be offered to god, which is used in the Jagannath Temple of Puri in eastern Odisha, and decorative items for household purpose.
Kahnu Charan has requested a loan of 20,000 Indian Rupees (INR) from People's Forum to buy bamboo in bulk which will help to produce more finished products. He says the profit of his business will help to strengthen his financial status. He can fulfill the necessities of his children's education.
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.