Maa Saraswati Shg Group
To support her family, Swarnalata grows rice as the main source of income and works for others for a fee to earn extra income. To respond to her demand to better support her crop, she joined a group of eleven to get a new loan from People's Forum (Kiva’s partner). This loan will make Swarnalata be able to uplift her living condition in a timely manner.
Now, she and her co-borrowers are seeking 165,000 INR. As a leader, she will spend her loan portion for seeds and fertilizers for her crop and use a portion of it to spend on plowing the field.
She believes that this purchase will help her to better grow her rice with a good yield in return.
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!