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Omm Namah Sivaya - B Group
In this Group: Kumudini, Laxmi, Bisaya, Tilottama
This group is called Omm Namah Sivaya-B (named after a Hindu God). All the group members are women from the village of Duajhar, a rural village of Odisha state in India. The featured member of this group is Tilottama, sitting second from the left and raising her hand in the photo. She is 35 years old, living with her husband and three daughters. She is a very active lady of BPL (below poverty line) category. For the last 10 years, she has been running a tent house (giving bowl, tent, cloth boundary wall, chairs, light, sound system etc. rented for social functions) with the help of her husband. She initially started the business with limited items like bowls, chairs, tarpaulin etc. As she owned a small house, she stored some items for the tent house in her house and some items in a rented house. At that time, she was earning a monthly income of Rs 4,000 per month. With her limited earnings, it was very difficult on her part to manage her household expenses. With the present loan, Tilottama has decided to purchase a sound system, some more chairs, bowls, drums, mats, pillows rent, taking into consideration the present demand. This will help her to generate extra income to meet her immediate requirements like providing a better education for her children in the nearby advanced school. She has a long-term vision to construct a go-down (warehouse) of her own to keep the tent house materials safely as at present she is keeping the materials in a rented go-down (warehouse). The other three members of the group are Kumudini, Laxmi and Bisaya who sell betel nuts, run a grocery shop and run a tiffin (light meal) restaurant.

Additional Information

More information about this loan

Mahashakti Foundation focuses its work in some of the most underdeveloped districts in Odisha, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for women living in some of India's poorest and most remote areas.

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
  • 36
    View loans »
    India Loans Fundraising
  • $5,654,125
    Funds lent in using Kiva
  • 55.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Omm Namah Sivaya - B Group's $2,175 loan helped a member to purchase a sound system, big bowls, chairs etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Sep 5, 2012
Sep 13, 2012
Currency Exchange Loss: