Balabhadra is a 28-year-old physically challenged person living with his parents and his elder brother. He has a variety shop in his village, which is 100 meters from his home. He has six years of experience in this business. His brother is helping him to purchase the goods for his shop. He sells betel, biscuits and wafers, spices, lentils, and cooking oil and earns 6,000 INR per month from this business. The total population of this village is 700, which depends on two shops for their household goods. He is not able to reach the growing demand in the present scenario.
There is another betel shop in his village. To compete with this shop, he wants to purchase more stock and a variety of spices, oil, personal care merchandise like the shampoos, detergents, and toothpaste he is selling right now and more variety of chocolates and wafers. He has requested a loan of 25,000 INR to add more stock to his shop.
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.