Tutu is a 23-year-old differently able man living with his parents in Balugaon village in Odisha, India. He is engaged in the activity of running a variety store in his village, where he sells biscuits, wafers, betel, tobacco sachets, incense sticks, spices, oil, toothbrushes, shampoo etc.
He has requested a loan of 40,000 INR to purchase more stock of what he sells and to add a new product to his shop like soft drinks. He says that doing so will increase his monthly income. He wants to give his parents a quality life and save some 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.