Pitabali Self Help Group
Basanti, leader of the group, has six goats. The lady standing second from the left-hand side, and wearing a yellow saree is Basanti. She purchases the goat kids from the market and takes care of them. She provides vaccines and fodder to them when it is required. She sells them for meat to the local butcher shops when they are full grown. It takes 8-9 months for her to have them ready to sell.
Basanti goes out in the morning to leave the goats to graze in the fields and returns by noon. Then she cooks for her family. She resumes taking care of her goats by feeding them at home. Her husband assists her in selling and maintaining these goats. In this way she is earning to manage her cash flow, which is not sufficient to manage her daily needs.
Basanti wants to enlarge her business, so she wants to purchase 10 more goats. In this way she can earn a good amount after all expenditures in her business. She has requested a loan of 195,000 INR in total for her group so that they can earn more and they will control their family cash flow.
Important note about this loanDue 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.
This is a Group Loan
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This loan has been fully funded!