Bilasini is a 50-year-old differently-abled lady. She is living with her husband and her two children. She has a poultry farm and two years of experience in this business. Her husband and children help her in this business. All the resources to run a poultry farm, including chicks, food, and medicines are provided by a popular meat-selling company in the market. She has to take care of the chicks and provide them shelter. They are collected by the company once they are grown big enough for meat. It is an interesting outsourcing business model.
She currently has the capacity for 3000 chicks. The market demand for chicken is very high. So she wants to add more capacity to her farm for another 2000 chicks by extending the farm.
She needs a loan of 50,000 Indian Rupees (INR) to add the extra capacity to her poultry farm. She says that if she invests 50,000 INR in this business then she can earn a good amount that will help her manage cash flows necessary to run the family and satisfy her customer demand.
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.