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Maa Thakurani Group
In this Group: Nalini , Jugalmati, Kshame, Jamuna
The name of this group is Maa Thakurani (named after a village deity of the locality). All four women members of this group are from the village of Thakpali in Nuapada district of Odisha, India and belong to the BPL (Below Poverty Line) category. People from the BPL category live on less than one dollar a day. Jamuna, standing nearest to the cow with her hand raised, is the featured member of the group. She is 39 years old and lives with her husband and two sons who are 23 and 18 years old.

Jamuna’s husband is a farmer and Jamuna works as a helper in the Centre of Integrated Child Development Scheme project in their village. She earns a monthly remuneration of Rs 1,000/-. In comparison to the family needs, the income from the above sources is not sufficient to meet the day-to-day expenses of her family. So, looking at market demand and their traditional occupation (raising cows), in the year 2010 Jamuna purchased a cow and started a milk business. Presently, she is getting 6 liters of milk per day from a single cow and supplying it to a tea stall in a nearby town @ 16/-. This additional income helps her to a great extent in maintaining the educational expenses of her two sons. Looking at her success in the milk business. Jamuna has planned to invest a portion of her loan to buy another cow of the jersey variety and the rest to repair her cow shed to get more output. Jamuna dreams of developing a dairy farm in the future and supplying milk to the milk processing plant. The other three members of her group (Nalini, Jugalmati and Kshame) are also running similar businesses .

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
  • 123
    View loans »
    India Loans Fundraising
  • $5,421,200
    Funds lent in using Kiva
  • 55.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Thakurani Group's $2,100 loan helped a member to purchase a cow and repair the cow shed.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Sep 5, 2012
Sep 13, 2012
Currency Exchange Loss: