Bishnuprasad is a differently abled 20-year-old single man. He lives with his parents and elder brother. His brother works away from home and he has to support his parents. He lives in Odisha, India.
Bishnuprasad has been operating a small bicycle repair store, which is the only source of income for the family and a profitable project, but also not enough to cover all the costs and the family's needs. His monthly income is 3,000 INR.
He currently has the skills and equipment to do good repairs and replacements, but he does not have the required spare parts for replacements. He has to travel almost 15 miles for a good spare part.
He is requesting a loan of 30,000 INR to cover the costs of purchasing necessary spare parts used for repairing of bicycles as well as motorbikes. This will provide Bishnuprasad with a varied collection of spare parts, which will help to increase his income and improve the family's living standards.
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.