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.
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.