Funded

Total loan: $550
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Jayanti

India
Odisha, India / Manufacturing

A loan of $550 helped to set up a new business of making paper plates in her house.


Jayanti's story

Jayanti is a 38-year-old woman living with her husband and two daughters in Odisha, India. Her husband is ill, so he is unable to go outside and work to earn a livelihood.

Jayanti is a very hardworking and responsible woman. She has taken on all the burdens and responsibilities of her family. She earns money by maintaining the account books of different self-help groups in the locality. Self-help groups are those groups formed for microfinance loans. She also does some tailoring and stitches dresses for her neighbors. Her daughters are studying in school. She has been struggling to provide basic needs for her family, support her sick husband, and send her children to a good school from the limited income she is earning from these varied jobs.

She has a plan to set up a new business of making paper plates in her house for which she has requested a loan amount of 30,000 Indian Rupee (INR). She learned this activity from her parents, she says that "I would be able to earn more after setting up this business, and give my daughters a quality education and see them independent".



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