Abhimanu is a 35-year-old differently-able person. He lives with his wife; one son, age 10; and a daughter, age 4. He earns 3,000 Indian rupees (INR) per month from his variety shop. He sells betel, biscuits and wafers, and incense sticks in his betel shop. He needs to go to the market to get the goods when required. He does not have enough funds to stock these goods in bulk amounts. As a physically-challenged person, it is difficult to go to the market very frequently, and he is not able to meet his customers' demands. He wants to purchase goods like chocolates and wafers in bulk and to stock personal care products like soaps, shampoo, etc.
Abhimanu requested a loan of 20,000 INR to purchase a refrigerator, goods (biscuits and wafers, incense sticks) and add some personal care items like soap, shampoo, etc. He dreams of growing his business so that he can meet his customers' demands and he can send his children to a good school and provide them with study materials.
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.