Manash is a 19-year-old physically challenged person living with his family in a small village in Odisha, India. His family consists of his parents and his one brother, age 16. His father is a farmer and his brother is continuing his schooling. Manash has a general store at the village market, which is one kilometer from his home and he is earning 3,000 INR from his general store. To help his family, he started the general store in the market. Whatever he earns from this activity is used for consumption purposes and is not sufficient for his family to live happily and afford all the necessities of life.
He sells packaged items like biscuits, cake, wafers, chocolates, cosmetic items, face creams, hair oils, shampoos, body talc, body deodorants, body lotions and fashion accessories (earrings, finger rings, bangles, bracelets, bangles etc.) in his general store. He goes to market to purchase the items for his store very frequently. But due to lack of funds, he is not able to meet the growing demand of the customers and compete with his competitors.
He has requested a loan of 20,000 INR to purchase stock of what he sells in bulk and to purchase fashion accessories (earrings, finger rings, bangles, bracelets, bangles etc) and bakery items for his store so that he can reach the market demand and compete with his competitor. He hopes to enlarge his business and construct a concrete house for his family.
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.