Funded

Total loan: $725
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Bharati

India
Odisha, India / Cereals

A loan of $725 helped to buy unprocessed rice grains and to build a warehouse for storing them.


Bharati's story

Bharati is a 38-year-old unmarried woman living with her brother. Her brother is married and has two children. She is a graduate and tutors some of the school-going children from her village in her house. She does not want to be a burden for her brother and wants to earn enough to be independent.

Bharati wants to start a rice business in her village. She plans to purchase rice in the unprocessed form directly from the farmers and process the raw paddy grains to rice. She will go to the mill (processing house) which is very close to her house to get the processed rice grains. She plans to sell the processed rice in the village market. Her brother will help her in this business.

Bharati has requested a loan of 40,000 Indian Rupees (INR) to purchase the unprocessed paddy grains. She also plans to spend a portion of her loan to build a warehouse to store the unprocessed paddy grains and processed rice product. She hopes to build a house of her own from the earnings of this business.



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