Manas Kumar is a 31-year-old differently abled person living with his parents, elder brother and sister-in-law.
Manas Kumar is engaged in the activity of taking contracts from his customers and building houses for them. He has been doing this activity for the past six years and earns 10,000 INR per month. He says that this amount is not enough for his family, as his parents’ health conditions are not good, and his brother’s job is not permanent.
He has a plan to expand his business by purchasing more raw materials like bamboo, cement, sand, bricks, etc. in order to take more than one contract at a time. He says that doing so will help him stabilize his family's economic condition and save some money for his future.
Manas Kamar has requested a loan amount of 20,000 INR for purchasing the above items and enhancing his business.
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.