Lukuma Shg Group
Some years ago, Gorimanimali formed a group with seven other women from her village with the group name of "Lukuma Shg". All the group members are engaged in different business activities like selling milk, vegetable cultivation, etc to alleviate their poverty. Gorimanimali is the President of this group. She motivated all the group members to form this group so they could help and support each other in their business and personal lives.
Gorimanimali, along with her group, requested a loan of 80,000 INR. She will use her portion to purchase standard quality seeds and fertilizers for her paddy cultivation. She hopes to build a house for her family and she is very grateful to Kiva for this opportunity.
More information about this loan
This loan is designed for single mothers, widows and unmarried women, who are often excluded from Self-Help Groups in India. Many of these women, usually with families to support, do not have access to microfinance and often work as casual labor or domestic help. Self Help Groups are hesitant to accept them due to the social stigma attached to their status and very few microfinance organizations offer loans to individuals. By supporting this loan, you are enabling a poor woman in India to establish or grow her business.
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!