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Swapna is 35-year-old widow staying with her three daughters aged 14, 11 and 8. All are attending school. She was living with her husband and three daughters until her husband died from an unknown disease three years ago. Since then she has been working hard to take care of her daughters and send them to school. She started a small shop where she has been selling rice, kerosene (cooking and lighting fuel, also used as fuel for fishing boats), whisk brooms and vegetables for the past three years. Her brother-in-law helps her in running the business. Fifty-eight families in her village are benefitting from the shop as they do not need to travel far to access these items.

Rice comprises the majority of her merchandise as she had to discontinue selling vegetables due to the steep hike in the price of vegetables in spite of good demand. She sells 600 kg of rice per month to the people in her village including those fishermen who go away from home for days to fish. There is more demand for rice in the village but she is not able to meet the demand. She is currently earning 2000 Indian Rupees (INR) per month

She has requested a loan of 10,000 INR so that she can purchase four bags (50 kg) of rice, kerosene and vegetables. She wants to start selling vegetables again as she has enough funds to buy the pricey vegetables and meet the demand for vegetables in the village She says she can increase her cash flows by 100% to 4000 INR per month with these changes. This way she can plan for her daughters' education and save enough for her elder daughter's marriage.

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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
  • 6
    View loans »
    India Loans Fundraising
  • $6,682,200
    Funds lent in using Kiva
  • 55.5
    India Rupees (INR) = $1 USD