Maa Narayani Self Help Group
She has a business of running an auto rickshaw in the Khurda district of Odisha, India. She already had this business for four years, and it is going very well. At this time, Sulochana is requesting a loan to buy new auto rickshaw and hire a driver for that. She says that this will help her in strengthening the business.
This group is made up of neighbours and friends who formed the group Maa Narayani Self Help Group. The members of the group have selected Sulochana as their president. The lady standing second from the left side in the photo is Sulochana. The common goal of the group is to increase their business activity.
Important note about this loanDue 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.
This is a Group Loan
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This loan has been fully funded!