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Sabita
Sabita is a 37-year-old lady staying with her parents and younger brother. She started a mobile business 10 years ago where she sells cooking oil, salt, spices, lentils, rice, snacks made of lentils, and other grocery items. She sells her products in the weekly markets which are organized in the villages near her village. She started this business to assist her father financially and to manage the family requirements. In this way she earns 3,000 INR per month, which is not sufficient to support her family. She wants to grow her business by purchasing more quantity of what she sells, so that she can easily satisfy her customers' demand.

Sabita has requested a loan of 30,000 INR to purchase goods in bulk amount and add some new varieties of stationery items and snacks to her 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

  • $2,900
    Average annual income
  • 1
    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 $550 helped Sabita to pay for purchasing cooking oil, salt, spices, lentils, rice and other grocery items for her business.
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