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Kamala Kanta
Kamala Kanta is a 26-year-old differently abled person living with his parents in a village of Odisha, India. Currently he is engaged in the activity of providing tuition to the village children at his home. He earns 3,000 INR per month from this activity, which is not sufficient for his family. His parents’ health condition is also not good.

He has a plan to start a variety store where he will sell biscuits, wafers, electric bulbs, spices, lentils, hair oil, toothbrushes, toothpaste, etc. He says that doing so will increase his family's income, and he would be able to take good care of his parents.

Kamala Kanta has requested a loan of 30,000 INR for purchasing the above items and building a variety 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

  • $2,900
    Average annual income
  • 0
    View loans »
    India Loans Fundraising
  • $4,672,550
    Funds lent in using Kiva
  • 53.5
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $575 helped Kamala Kanta to purchase biscuits, wafers, electric bulbs, spices, lentils, hair oil, toothbrushes, toothpaste, etc. for his variety store.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 1, 2013
Listed
Feb 9, 2013
Currency Exchange Loss:
Possible