Maa Dhana Ragini Shg Group
One of them is Lalita, who was selected as their president. In the picture, the lady standing with her hand raised is Lalita. Lalita is a 27-year-old lady living with her husband and her three children, two of whom are in school, and one of whom is only one year old. Her husband works as a laborer in a factory situated near her village. Lalita runs a general store to help her husband financially. She sells rice, grains, lentils, edible oil, spices, biscuits, soap, detergent, hair oil, etc. in her shop. She has developed a very good relationship with her customers in the village. She likes the fact that she can cater to the needs of the people in her village. She has a plan to make her shop bigger and keep multiple things in her shop to satisfy her customers. She also wants to purchase the items for her shop in bulk directly from the wholesalers, for which she has requested a loan for purchasing items like toothbrushes, toothpaste, soft drinks, wheat flour, grains and other household consumables.
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!