Mahendra is a 43-year-old 'differently-able' person living with his wife and three children who are in school. He owns and manages a tailoring shop in his house. As he was not able to do any kind of work in which more physical strength is required, he started a tailoring shop in his house seven years back.
He has a plan to enhance his business by adding new sewing machines to his shop, so that he can take more orders from his customers and complete their orders on time. This will help him increase his customer base and monthly income.
Mahendra has requested a loan amount of 30,000 INR for purchasing sewing machines and fabrics for his shop. He also wants to appoint a work force for his assistance. He says that he wants to send his children to a good school and give them all the necessities of life.
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.