Ashok is a 31-year-old physically challenged person living with his parents, wife, and a son who is three years old. He is engaged in the activity of weaving handkerchiefs and saris (Indian traditional dress for women). His parents and his wife are helping him with the weaving. The financial condition of his family is not good. He brings raw materials like cotton, thread and colors from a dealer and gives back the finished goods to him. In return, he gets only the labor cost, which is very little.
He has a plan to bring raw material directly from the market and sell back the finished product in the market. Doing this will increase his income.
He has requested a loan of 20,000 INR to purchase raw materials for weaving handkerchiefs and saris (Indian traditional dress for women). He wants to develop his business and provide a better living style for his family. He also wants to save some money for his family’s future and see his son go to a good school.
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.