Check out some available loans that are similar to this one!
Kalyani
Kalyani is a positive and hardworking woman in her late 40s. She is married and has two sons. Her elder son has completed engineering while her younger son is a plumber. The family lives in Jarmundi village, Dumka, Jharkhand.

Initially Kalyani and her husband were in an earthen pot-making business, but it didn’t run well and incurred losses. Since there is a good demand for milk products in their locality, they started a dairy business. She earns around 300 INR per day.

She now plans to improve her farm so that she can earn more income. She is requesting a loan to buy one more cow for her farm. She will use the profit to repay the loan and to enlarge her farm.

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
  • 190
    View loans »
    India Loans Fundraising
  • $5,200,500
    Funds lent in using Kiva
  • 58.9
    India Rupees (INR) = $1 USD