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Anjani is 21 years old, a young entrepreneur who has studied till eighth grade. She is married and has a daughter and a son. Both of them are too young to go to school.

Anjani is very responsible, persistent and kind by nature. She started her own dairy farm, which consists of two cows. Her husband is a plumber who works under a contractor and earns INR 250-300 per day and also helps Anjani in her dairy business. Her family is very tight-knit and amicable towards each other. Her business brings in approximately 250 INR every day.

In order to expand her business further, Anjani is requesting for a loan of 15,000 INR to purchase another cow. This will allow her to increase her milk sales. Also, Anjani is planning to save for her children’s education and to reinvest into her business.

Additional Information

More information about this loan

This loan is designed to provide financial assistance, income generation and other services for marginalized and poor populations in Jharkhand and West Bengal. It has been enabled through MicroGraam’s partnership with Micro-Enterprise and Sustainability Project (MESP), established in 2010. By funding this loan, you are creating opportunities for underserved populations in India.

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 >
Additionally, this loan may be post-disbursed, in which case this borrower will only receive the loan after it has been 100% funded by Kiva lenders. Because it is difficult to predict when a loan will be fully funded, the disbursement date may have been estimated by the Field Partner and may be inaccurate by several days or weeks.

About MicroGraam

MicroGraam is a Bangalore-based, crowd-funding lending platform that aims to promote development and growth throughout India by providing underserved populations with access to formal loan capital.

In order to provide critical capital in remote areas of India, MicroGraam collaborates with various partners located across the country, applying a structure very similar to Kiva’s. The organizations currently provide clients -- most of whom are women -- with three types of loans: (1) agricultural loans, (2) educational loans, and (3) microenterprise loans.

Kiva lenders’ funds will enable MicroGraam to forge new partnerships with important social organizations, connecting more rural areas with critical access to capital.

About India

  • $4,000
    Average annual income
  • 26
    View loans »
    India Loans Fundraising
  • $5,655,475
    Funds lent in using Kiva
  • 58.9
    India Rupees (INR) = $1 USD