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Dusmanta
Dusmanta is a 22-year-old differently able person living with his parents and an elder brother age 24. His brother is working in a factory as a laborer. He owns a small general store at the market where he sells detergents, shampoos, toffees, wafers and oil, earning 7,000 INR per month from his shop. This is the only source of income for the family. Dusmanta has been working hard to develop his business and get married.

He wants to buy more stock including a variety of spices, personal care merchandise like shampoos, detergents, and toothpaste that he is selling right now and more variety of chocolates and wafers. He has requested a loan of 20,000 INR to purchase a refrigerator and some more stock of what he sells in 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
  • 170
    View loans »
    India Loans Fundraising
  • $5,194,075
    Funds lent in using Kiva
  • 54.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $375 helped Dusmanta to buy a refrigerator and a variety of spices, and personal care merchandise like shampoos, detergents, and toothpaste for his general store.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 24, 2012
Listed
Dec 27, 2012
Currency Exchange Loss:
Possible