Purna Chandra is a 49-year-old differently-able person living with his wife and a child in the village of Puri, a sacred place, in Odisha, India. He owns and manages a small fruit stall in a market near his village. He sells apples, oranges, bananas, grapes and other seasonal fruits from his stall. He earns 9,000 Indian rupees (INR) per month from this business, which is not sufficient for his family.
Purna Chandra has a plan to expand his shop by renovating it and keeping more stock of seasonal fruits in the shop. He has applied for a loan of 20,000 INR to do this. He wants to save some money for future unfortunates.
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.