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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.

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
  • 3
    View loans »
    India Loans Fundraising
  • $6,744,125
    Funds lent in using Kiva
  • 63.3
    India Rupees (INR) = $1 USD