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Ananta is a 36-year-old physically challenged person. He lives with his parents, sister, wife and children. He has a small grocery store in his village. He is selling food items like vegetables, rice, lentils, salt, detergents, soap, spices, etc. He has to travel every three days to the nearest market in Balugaon to get more stock. He wants to reinvest in his grocery store so that he can stock up more inventory at his shop to meet the demands of the local people and reduce his transportation and buying costs. This will increase his earning capacity.

Ananta has requested a loan of 20,000 INR to purchase more of the items he stocks, add more variety to his product line and more stock for his grocery shop and grow his business.

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
  • 2
    View loans »
    India Loans Fundraising
  • $6,677,075
    Funds lent in using Kiva
  • 55.0
    India Rupees (INR) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $375 helped Ananta to purchase vegetables, rice, lentils, salt, detergents, soap, spices, etc. for his grocery shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Dec 22, 2012
Dec 27, 2012
Currency Exchange Loss: