Dillip is 31 years old, a differently-able man living with his wife and a son aged 6 years in a small village of Odisha, India.He is engaged in the activity of weaving handkerchiefs, and his wife helps him with the weaving. The financial condition of his family is not good because he does not have enough raw materials for weaving so he earns very little. He has been engaged in this activity for the last ten years. He brings raw materials like cotton, thread and colors from a dealer and gives back the finished goods to him and in return he gets only the labor cost, which is very little.
He has a plan to bring raw material directly from the market and sell the finished product in the market, so it will increase his income. He has requested a loan amount of 30,000 INR for purchasing raw materials for weaving handkerchiefs. He has a dream that his son would study in a good school and wants to save some money for his family’s future.
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.