Pradeep is a resident of the town of Khurda, in Odisha. He is 34 years old and staying with his parents, wife and children. He has been supporting his family through the income earned from a small vegetable and grocery store. He sells food items like potatoes, onions, wafers, green vegetables, detergents, rice, wheat flour, snacks, spices, electric bulbs and other household items in his village. He has had it for the last eight years.
He needs a loan of 30,000 INR in order to buy more stock of snacks, spices and other household necessities like toilet cleaners, mosquito repellents and wafers for his shop. He says there is good demand for mosquito repellents and sanitizers as mosquito borne diseases are very widely prevalent in his village. He wants to increase his income and save some money for his family's 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.