Chaturbhuja is a 30-year-old 'differently-able' person living with his mother and a younger brother aged 28 years in a small village of Odisha, India. He runs a mobile phone repair shop in the market which is 500 meters away from his house. He has 4 years’ experience in this business.
He has a plan to expand his business by adding more spare parts like keypads, mobile accessories, panels, etc., and to make a showcase for his shop to display the goods. He says that doing so will help him increase his income and attract more customers.
Chaturbhuja has requested a loan amount of 40,000 INR for purchasing spare parts for mobile phones and to make a showcase for his shop. He wants to give his family a good living standard and save money for his future.
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.