Saichandan is a 25-year-old differently-able person. He lives with his parents in a village in Odisha. Saichandan is running his bamboo craft business with the help of his father. He had an interest in arts in his childhood, so he took a training session on designing and making of bamboo crafts. After taking the training he is producing different items like decorative bamboo planter boxes, small bamboo containers, bamboo picture frames, and other bamboo gift items, etc.
For two years now he has been producing various craft items made from bamboo and selling them at different gift centres, tourist places and fairs. His father helps him to supply those finished products to the dealers in the market.
Saichandan plans to expand his business, appoint new work staff to help him, and to own a shop in the marketplace for direct sale of the product to end customers. He needs a loan of 50,000 INR to buy more resources and machines like a cutter, cutoff saws, dryers etc. to produce more and earn more than his present income.
He wants to earn more and save for his future and construct a house for his family and live a happy life.
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.