Maa Mangala Selp Help Group
Sarojini is a 39-year-old lady, living with her husband and her three children who are at their schooling. Her husband works as a laborer in a factory situated near her village. She runs a grocery shop to help her husband financially. She sells betel, rice, grains, lentils, edible oil, spices, biscuits, soap, detergent, hair oil, etc. in her shop. She has developed a very good relationship with her customers in the village. She likes the fact that she can cater to the needs of the people in her village.
Sarojini has a plan to make her shop bigger and keep multiple items in her shop to satisfy her customers. She also wants to purchase the items for her shop in bulk directly from the wholesalers, for which she along with her group has requested a loan amount of 150,000 INR to utilize in purchasing items like betel, rice, grains, lentils, edible oil, spices, biscuits, soap, detergent, hair oil, etc.
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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