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Jayanta Ku
Jayanta Ku is a physically challenged person, aged 30. He lives with his parents, wife and his two children who are in school. He owns and manages a variety shop where he sells betel, packaged food (like biscuits, cake, etc.), soap of different brands, detergent, shampoo and personal care products (like talcum powder, face wash, body lotion, etc.) Because there is only one variety shop in his village, all the villagers are depending on his shop, but he cannot meet the customers' demand.

He requested a loan of 25,000 INR to purchase more stock of the products he sells now. And he wants to add some new varieties of products like cooking oil, lentils, noodles, etc. He hopes to give a better standard of living to his family and provide better education for his children.

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
  • 7
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 55.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $475 helped Jayanta Ku to pay for purchasing betel, packaged food, soaps, detergents, shampoo and personal care products for his variety 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