Funded

Total loan: $550
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Bishnuprasad

India
Odisha, India / Bicycle Repair

A loan of $550 helped to pay for spare parts used for repairing of bicycles as well as motorbikes for his repair shop.


Bishnuprasad's story

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.



Loan details

Repayment schedule: At end of term
Disbursed date: July 26, 2012

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: July 26, 2012