Basanti is a 30-year-old lady who lives with her parents, husband and two children. She is engaged in the activity of tailoring, and has one sewing machine by which she stitches ladies’ dresses, blouses, frocks, and dresses for kids. From this business, she earns 8,500 INR per month which is not enough for her family. She started this business eight years ago to help her husband in managing the family's monthly cash flow.
Basanti has a plan to grow her business and do this activity on a large scale, so that she can render her services to the maximum number of customers. She wants to purchase two new sewing machines and some fabrics for her shop.
She has requested a loan of 40,000 INR for purchasing two more sewing machines to meet her customers’ demand and make them highly satisfied. She also wants to hire some work force to help her in the business.
Basanti hopes to provide a better education and study materials to her children and take good care of her family. She has a dream to live a happy life with her family members by fulfilling the family members’ requirements.
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.