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Rajalaxmi is a 32-year-old woman living with her son and daughter who are 16 and 18 years old. In 2006, her husband passed away in an accident. That was a very hard time for her because the entire family burden came on her. In those days, she had two cows with her so she managed her family by selling milk but that was not sufficient. In 2008, she started a ladies novelty corner in her house. She sells face creams, hair oils, shampoos, body talc, body deodorants, body lotions, and fashion accessories (earrings, finger rings, bangles, bracelets, bangles etc.) in her ladies novelty corner. She has a plan to have a new product line by adding milk, curd, ice cream, butter and other milk products in her shop.

She has requested a loan of 40,000 INR to purchase milk products and a freezer for keeping those milk products.

She wants her son to complete his graduation from a good college and to save money for her daughter’s marriage.

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
  • 93
    View loans »
    India Loans Fundraising
  • $6,119,375
    Funds lent in using Kiva
  • 55.7
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $725 helped Rajalaxmi to purchase milk products like butter, yogurt, ice cream etc. and a freezer to store those milk products.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 31, 2012
Sep 9, 2012
Currency Exchange Loss: