Maa Budhithakurani Shg Group
Sukanti will use a portion of her group's 150,000 rupee loan to expand her fishery. Specifically, she will buy fish food and baby fish to raise in a pond near her house. She is confident that increasing the number of fishes she raises will increase her family income and allow her to have enough money to send her kids to extra tutoring courses in the evenings so that they will be able to perform better in their studies and get a good education. It will help a lot for her family to be more independent, she says, and also earn a better standard of living. Her husband works as a mechanic and she will use some of the profits from her fishery to invest in his business as well.
The women in Maa Budhithakurani SHG dream of purchasing a large pond so they can raise more fish together and earn more profits.
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!