Funded

Total loan: $475
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Ramachandra

India
Balugaon, Odisha, India / General Store

A loan of $475 helped to purchase a refrigerator, oil, biscuits, sugar, cold drinks, snack items, etc.


Ramachandra's story

Ramachandra is a 27-year-old differently able man living with his parents in the small village of Balugaon, Odisha, India. He runs a small grocery shop in his village and earns 3,000 INR per month. In his village, there is no other grocery shop so all the villagers depend on his shop. There are many potential customers in Ramachandra village but in his shop, there are no more items available so sometimes villagers have to purchase grocery items from the nearby market. If Ramachandra can make available more items in his shop, then he can increase his customer base and he can earn 7,000 INR per month.

Ramachandra has requested a loan of 30,000 INR to purchase a refrigerator, oil, biscuits, sugar, cold drinks, snack items etc. for his grocery shop. Ramachandra wants to give a better standard of life to his parents who depend on him and he wants to earn more money to open a big grocery shop in his village.



Loan details

Repayment schedule: At end of term
Disbursed date: October 21, 2013

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: October 21, 2013