Jagabalia Self Help Group
Namita, leader of the group, has one cow. The lady standing fourth from the left in the photo wearing a red and black colored sari is Namita. She wants to purchase one new cow so that she can sell the milk in large amounts. She provides vaccine and fodder to them when it's required. She sells the milk in her village with the help of her husband. Every morning, she takes the cow to graze in the fields and returns by noon. Then she cooks for her family. She resumes taking care of her cow by feeding it at home. Her husband assists her in selling the milk and maintaining the cow. In this way, she is earning to control her cash flow, which is not sufficient to manage her daily activities.
She wants to enlarge her business, so she wants to purchase one more cow. In this way, she can earn a good amount after all the expenditure of her business.
She has requested a loan of 195,000 INR for her group so that they can earn more and control their family's 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!