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Sasmita
Sasmita is a 34-year-old differently-abled unmarried woman living with her parents and two brothers in a village in the Ganjam district of Odisha, India. Sasmita has two brothers. One of her brothers is older and engaged in vegetable cultivation and one is younger and is engaged in a fruit-selling business. Sasmita owns a grocery/general store where she sells rice, flour, edible oil, spices etc. Her parents help her in this business.

Sasmita has requested a loan of 15,000 to purchase grocery items such as edible oil, sugar, spices, biscuits, flour, rice etc. in bulk so that she is able to make more profit. She is very happy with this loan and grateful to Kiva and its lenders for this support.

Additional Information

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 >

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.

About India

  • $4,000
    Average annual income
  • 52
    View loans »
    India Loans Fundraising
  • $4,824,950
    Funds lent in using Kiva
  • 60.5
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Sasmita to purchase grocery items such as edible oil, sugar, spices, biscuits, flour, and rice in bulk.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 30, 2014
Listed
Aug 28, 2014
Currency Exchange Loss:
Possible