She earns for her family by working hard in the fields as a farmer so as to provide a comfortable living for her daughter and bear her educational expenses. Her daughter, being a meritorious student, wants to pursue a higher degree so as to secure her future and help her mother in her old age so that she no longer has to work hard giving her heart and soul.
Therefore, Khulana, along with her group members, is requesting a loan amount of 45,000 INR from Kiva’s partner People’s Forum. She will use her portion of the loan amount to pay the fees for her daughter’s nursing course, which she is currently pursuing. She believes that service to mankind is service to God, and completing this course will help her get mental satisfaction and build up a bright future for her. It will also provide a better living to her mother and make her mother proud of her.
Khulana is in dire need of your kind help and support and is eagerly awaiting the same with lots of hope and aspirations.
More information about this loan
This loan is part of People’s Forum’s education program, designed to finance school tuition for students from poor families to attend college, university and technical institutions. Funds can be used for partial or complete payment of higher education expenses. By supporting this loan, you’re enabling access to education for students with limited options.
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.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva’s Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower’s loan. The other members of the group are not required to use their loans for the same purpose.