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Gruhalaxmi Group
In this Group: Hemalata, Narmada, Sanjulata, Radha, Anami
In the year 2010 a group of five active women of Muniguda village of Rayagada district in Odisha, India came out with a new objective to contribute to their family income and formed a group named Gruhalaxmi (the name of a Hindu goddess who is believed to bring wealth to the family). Sanjulata is one of them. The lady to the extreme right raising her hand in the photo is Sanjulata.

She is 42 years old, living with her husband and one son aged 24. Her husband is a carpenter. He makes wooden furniture and sells to a local furniture shop. Her son also helps in this business. She started a leaf plate business to supplement her husband’s income with the help of a loan from Mahashakti Foundation. She makes plates woven out of dry leaves at her house, stitching them together with the help of bamboo twigs. These plates are biodegradable, disposable, hygienic, and an inexpensive alternative to modern paper or plastic utensils. These are widely used by local food stalls and hotels to serve food. She earns Rs.1,500/- to Rs. 2,000/- per month from this business. Sanjulata was able to get her daughter married into a good family out of the family income. This gave her encouragement and confidence.

She is planning to make leaf plates on a larger scale and sell to the local shops in her village. A portion of the loan will be utilized by her to buy more stock of raw materials like leaves and bamboo twigs for her leaf plate business. She also wants to contribute to her husband’s business and plans to invest some in purchasing raw materials like plywood, gum and machines, etc. for the carpentry business. This will give enough work for her husband and son, simultaneously increasing the revenue from her business as well as her husband’s business.

Sanjulata would like to open a furniture shop in the market of Muniguda town and construct a toilet in her house for better sanitation. She also wants to save enough this year to find a suitable girl for her son to get him married.

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 Mahashakti Foundation

Mahashakti Foundation is a public charitable trust that provides microfinance and development services in the low-income state of Odisha. Operating in the poorest region of India, the organization strives to serve rural communities, tribal groups and others living on less than USD$1 a day. In addition to microcredit, it also provides micro-savings and micro-insurance products, as well as business development, health, water and sanitation, and food security services.

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.

About India

  • $4,000
    Average annual income
  • 121
    View loans »
    India Loans Fundraising
  • $5,421,575
    Funds lent in using Kiva
  • 55.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Gruhalaxmi Group's $1,200 loan helped a member to buy more stock of raw materials like leaves and bamboo twigs for her leaf plate business.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 6, 2012
Aug 15, 2012
Currency Exchange Loss: