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Chaturbhuja
Chaturbhuja is a 30-year-old 'differently-able' person living with his mother and a younger brother aged 28 years in a small village of Odisha, India. He runs a mobile phone repair shop in the market which is 500 meters away from his house. He has 4 years’ experience in this business.

He has a plan to expand his business by adding more spare parts like keypads, mobile accessories, panels, etc., and to make a showcase for his shop to display the goods. He says that doing so will help him increase his income and attract more customers.

Chaturbhuja has requested a loan amount of 40,000 INR for purchasing spare parts for mobile phones and to make a showcase for his shop. He wants to give his family a good living standard and save money for his future.

Additional Information

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.

About India

  • $2,900
    Average annual income
  • 6
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 52.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $775 helped Chaturbhuja to pay for purchasing spare parts for mobile phones and for making a showcase for his shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 22, 2012
Currency Exchange Loss:
Possible