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Dillip Kumar
Dillip Kumar is a 23-year-old differently able person living with his parents in a small village named Jajpur in Odisha, India. He owns and manages a variety store where he sells biscuits, hair oil, incense sticks, talcum powder, chocolates and other daily household consumables. He has a plan to expand his business by adding more stock of what he sells and a few new products like detergents, soap, deodorant spray, shampoo, wafers etc. to his shop. He says that doing so will help him increase his monthly income and fulfill his family's daily requirements. Dillip Kumar has applied for a loan of 30,000 INR to purchase more stock of what he sells and to renovate his shop.

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

  • $4,000
    Average annual income
  • 174
    View loans »
    India Loans Fundraising
  • $5,192,575
    Funds lent in using Kiva
  • 55.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $550 helped Dillip Kumar to pay for renovations and to purchase detergents, soap, deodorant spray, shampoo, wafers etc. for his shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 22, 2012
Listed
Dec 26, 2012
Currency Exchange Loss:
Possible