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.
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.