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Kanduri is a 30-year-old disabled person living with his wife and his two daughters who are five and three years old. He is running a cycle repair shop in the market. He earns 5,000 INR from this business. He repairs bicycles. But he needs to go to the market to get the required spare parts to repair bicycles as and when required. He does not have enough funds to have these spare parts in stock. As a physically challenged person, it is difficult to go to the market very frequently and he is not able to provide the service within the required time. He wants to purchase these spare parts in bulk and improve his customer service by reducing the turnaround time for the repairs.

Kanduri has applied for a loan of 20,000 INR to purchase spare parts like free wheels, chains, tires, seat covers etc, which are frequently needed in his repair work. This will help to repair bicycles on time, provide better service to his customers, attract more customers and reduce the frequent trips to the market. He says he will earn 6,000 to 7,000 INR per month from this business.

Additional Information

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
  • 1
    View loans »
    India Loans Fundraising
  • $6,681,725
    Funds lent in using Kiva
  • 55.7
    India Rupees (INR) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Kanduri to purchase spare parts like free wheels, chains, tires, seat covers etc. for his cycle repair shop.
100% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 31, 2012
Sep 9, 2012
Currency Exchange Loss:
Mar 16, 2016