Champa is a 44-year-old widowed woman. She is a determined individual who works hard to provide her family’s basic needs and her children's education. She lives with her children. She owns a variety store at her house and sells rice, lentils, cooking oil, soap, detergents, toffees, etc., through this shop, earning 4,000 INR per month.
She requested a loan of 30,000 INR to buy more stock of what she sells and some new products like wafers, chocolates, spices, salt, hair oil, etc. She hopes to expand her business to give her family a better quality of life and increase her monthly income.
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.