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Shivaramareddi is a 60-year-old farmer from Devaraguddapalli village in the Chikkaballapur district of Karnataka. Agriculture is very important in this region and is the main source of his income. Shivaramareddi is a highly experienced farmer who grows tomatoes, sunflowers, chilies and various other crops.

Shivaramareddi lives with his spouse and two sons as well as his brother’s family, totaling nine members in all. In all his years of farming, Shivaramareddi has never requested a loan. After being introduced to drip irrigation technology from a local manufacturer (Driptech), he was impressed by its ability to save water while potentially increasing his yield by 20-50%. He wishes to take out a Kiva loan in order to purchase and implement this system in his fields.

Shivaramareddi is very happy to use more Eco-friendly and sustainable technology that will also bring him more profit to re-invest and improve his family's lifestyle.

Additional Information

More information about this loan

This loan provides small-plot farmers with an innovative irrigation system that meets their needs. Drip irrigation uses tubing to deliver a small volume of water directly to the roots of the plants being cultivated and is widely regarded as the most efficient method of watering certain crops. MicroGraam’s partnership with the company Driptech has made this loan possible. Driptech has developed a technology that reduces complexity and cost for a drip irrigation system dramatically. By funding this loan, you will be enabling poor farmer in India to purchase Driptech's low-cost and scalable irrigation system

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 >
Additionally, this loan may be post-disbursed, in which case this borrower will only receive the loan after it has been 100% funded by Kiva lenders. Because it is difficult to predict when a loan will be fully funded, the disbursement date may have been estimated by the Field Partner and may be inaccurate by several days or weeks.

About MicroGraam

MicroGraam is a Bangalore-based, crowd-funding lending platform that aims to promote development and growth throughout India by providing underserved populations with access to formal loan capital.

In order to provide critical capital in remote areas of India, MicroGraam collaborates with various partners located across the country, applying a structure very similar to Kiva’s. The organizations currently provide clients -- most of whom are women -- with three types of loans: (1) agricultural loans, (2) educational loans, and (3) microenterprise loans.

Kiva lenders’ funds will enable MicroGraam to forge new partnerships with important social organizations, connecting more rural areas with critical access to capital.


About India

  • $4,000
    Average annual income
  • 88
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 59.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $225 helped Shivaramareddi to buy a drip irrigation set.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Sep 5, 2014
Jun 23, 2014
Currency Exchange Loss: