Gournga is a 52-year-old person living with his parents and wife. He is running a grocery shop and earns only 3,000 INR (Indian rupees) per month from this business. That is very low for his family's monthly expenses.
His father is ill and is about 80 years old. Gournga is the only person in the family who is earning. He is a very hardworking and optimistic person. He wants to expand his business so that he can earn more money; for that he needs financial help.
He requested a loan amount of 20,000 INR to purchase oil, sugar, biscuits, etc. for his grocery shop. He wants to earn more money for his family and for his father’s treatment.
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.