Ann Maa Manikeswari Group
With her portion of the loan, Otara will buy more cows to increase her dairy farming business. Her husband works as a florist in the village, and they both support their three children together. After this loan, Otara will be able to be more independent and help give her family a better standard of living. Otara is an entrepreneur at heart and has big dreams of one day owning a large dairy farm.
The women in the group also plan to save the money they earn from expanding their businesses to buy a food processing machine which they can all use to make spices and pickle vegetables together.
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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This loan has been fully funded!