Funded

Total loan: $375
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Ganesh

India
Odisha, India / Grocery Store

A loan of $375 helped to buy a refrigerator, spices, oil, shampoos, detergents, and toothpaste for his grocery shop.


Ganesh's story

Ganesh is a 22-year-old unmarried man living with his parents and a younger brother aged 19. His father is ill and his brother is studying, so his earnings are the only source of income in the family. He owns a small grocery store at his house where he sells detergents, shampoos, spices, toffees, wafers and oil, earning 5,000 Indian Rupees (INR) per month.

Ganesh has been working hard to take care of his sick father and send his brother to college. He does not want his brother to drop out of college for financial reasons. He wants to ensure that he earns enough to save enough to send his brother to college and see him get a good government job.

He has requested a loan of 20,000 INR to purchase a refrigerator to sell soft drinks and water. With the remaining amount he plans to buy more stock and a variety of spices, oil, personal care merchandise like shampoos, detergents, and toothpaste, which he is selling right now. He also wants to add more varieties of chocolates and wafers.



Loan details

Repayment schedule: At end of term
Disbursed date: July 27, 2012

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: July 27, 2012