Tukuna is a 30-year-old physically challenged person living with his parents. He runs an electronics repair shop in his village from which he earns 4,000 INR per month. He has 12 years of experience in this field and established his shop 4 years ago. He repairs televisions, radios, fans, Digital Versatile Discs, Versatile Compact Discs and grinders, etc. He goes to market to fetch the required spare parts to repair the electronic machinery. As a physically challenged person it is difficult for him to go to market very frequently, and for that reason he is not able to provide the services to his customers on time. He wants to purchase the spare parts in bulk and keep them in his shop; that will help him to repair the machinery.
Tukuna has applied for a loan of 20,000 INR to purchase spare parts like picture tubes, sensors, remotes, lens, etc., in bulk which will help him to repair the electronic machines on time, reduce his market visits, provide better service to his customers and increase his client base. He says he will earn 6000 to 7000 INR per month from this business. He hopes to get married and build a better concrete house for his family.
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.