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Saraswati is a divorced lady, age 27, who lives with her parents. She is the only source of income for her family. She sells bangles, nail polish, gold-plated jewelry items, clips, hair accessories, beads etc. in her ladies novelty store. She has been in the business of selling cosmetics and jewelry for the past three years.

She is applying for a loan to buy more jewelry and beauty products such as make-up, lipsticks and creams in order to improve and enrich the business through the availability of more variety of products to meet customer demand.

This loan will help to improve her sales and enable her to offer a new product line to her customers. Her objective is to expand the business and include new products such as clothing in her existing business and save enough for her family's future with the increased revenues from the increased sales supported by the variety in products.

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
  • 98
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 54.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $575 helped Saraswati to purchase gold-plated jewelry and beauty products for her ladies novelty store.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 10, 2013
Mar 20, 2013
Currency Exchange Loss: