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.
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.