Check out some available loans that are similar to this one!
Gunasagar
Gunasagar is a 36-year-old differently-abled person living with his wife and two daughters aged five and two. He runs a variety shop where he sells betel, packaged foods, detergents and sodas. He earns 5000 Indian Rupees (INR) per month from this business, which is not sufficient for a family to live a happy life.

He has applied for a loan of 30,000 INR for purchasing more of what he sells and adding new products like biscuits, wafers, engine oil, etc. (as it is not available in the radius of eight km from his village) to his shop. He wants to add daily household consumables and cosmetics to his shop.

He has a dream that both his daughters work in a public sector unit and get married into a good family.

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
  • 0
    View loans »
    India Loans Fundraising
  • $4,672,550
    Funds lent in using Kiva
  • 55.5
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $550 helped Gunasagar to restock existing products like betel, packaged foods, detergents and sodas, and to add new products like biscuits, wafers, and engine oil.
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