Kshirabdhi Tanaya is a 30-year-old divorced woman living with her parents and a son, who is 4 years old. After her divorce with her husband, she came back to her paternal house and started living with her parents, but she felt like a burden on her parents as her father already has the responsibility of other family members. She planned to help her father financially and started out as a small entrepreneur. She makes badi (a traditional local food item prepared from lentils, spices, salt, pepper, etc.) She takes orders from her customers and they pick up these products from her house. She has been doing this activity manually. She earns 4,000 Indian rupees (INR) per month from this activity, which is not sufficient for her family. Now, since she wants to grow her business, she requires a grinder and lentils and spices in bulk amounts.
Kshirabdhi Tanaya says, “I can earn up to 6,000 INR per month after adding a grinder and raw materials for my business.” She has requested a loan of 25,000 INR for purchasing a mixer grinder and raw materials like lentils, spices, pepper, salt, etc., for her business. She wants to help her father and send her son to a good school.
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.