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Narayan
Narayan is engaged in the activity of repairing electronic items. He repairs televisions, ceiling fans, radios, etc. He has four years of experience in this work. He visits the market for purchasing the repair or spare parts thrice a week and brings only a small quantity home due to lack of funds. He has his shop in his house only which makes it easy for him to manage his family along with his work.

He is a 30-year-old 'differently-able' person living with his wife and a son aged one year. He is a responsible father and does care for his family.

He has requested a loan amount of 35,000 INR for purchasing repair parts like capacitors, coils, registers, tuners, etc. for repairing electronic gadgets in bulk so to avoid very frequent visits to the market and reduce his transportation cost.

Narayan wants to provide all necessities of life to his family and save some money for his son's 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
  • 21
    View loans »
    India Loans Fundraising
  • $4,570,425
    Funds lent in using Kiva
  • 52.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $675 helped Narayan to pay for purchasing repair parts like capacitors, coils, registers, tuners, etc. for repairing electronic gadgets.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible