Bansidhara is a 42-year-old 'differently-able' person living with his wife, son aged 14 years and a daughter aged 12 years, in a village of Odisha, India. He own and manages a variety store where he sells coconuts, bananas, biscuits, detergent, soaps, biscuits, incense sticks, etc. He brings products for selling from the nearby market and earns 7,000 INR per month.
He has a plan to increase his business adding more stock of what he sells and some more variety of products like wafers, toothpaste, toothbrushes, talcum powder, chocolates, potatoes, onions, etc. He says that this will help him to increase his monthly income.
Bansidhara has requested a loan amount of 30,000 INR for purchasing more stock of the items he has and some more variety as mentioned above. He wants to make his children well-educated and save money for their bright future.
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.