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Radha Krushna Group
In this Group: Dibyarani, Nabina , Jajnaseni, Rangalata
This group formed in the year 2009 and is called “Radha Krushna” (named after the Hindu Lord Krishna and His power). It is a group comprised of four women members of the village called Dumerbahal. It is located in the Nuapada district; one of the poorest districts of India. One of the members of this group is Dibyarani who has raised her hand in the photo. She is 26 years old and her family consists of her husband, one small daughter, father in-law and mother in-law. Dibyarani has been running a small bakery factory in her house with the help of her husband for the last 12 years. In the factory, bakery items like bread, cream roll and toast etc. are being prepared. She has engaged four skilled laborers for the processing and making of the bakery items. Her husband supplies the products to three or four nearby towns within a 40 km radius. Dibyarani says owing to better quality, design, packing and forms of her products, there is a lot of demand from the locals, but due to a shortage of stock she could not meet their demands. She does not like to say “No” to her customers and wants to give better service to her customers. She now wants to buy more stock of oil, dough, etc. to increase her production level to meet the demands and grab her customers. A portion of the loan will be used to purchase raw materials in bulk, which will reduce her purchasing and transportation costs. As the present location of the factory is in her residence, Dibyarani wants to construct a separate house in a prominent place in her locality to run the business smoothly. She also hopes to save money from the sale proceeds for provide a better education facility to her only girl child.

The other three active members of the group are Nabina, who has a sweets-making business and grocery shop, Jajnaseni, who sells and supplies bakery items, and Rangalata who has a grocery business and hopes to provide better education to their children and increase their living standard.

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

  • $2,900
    Average annual income
  • 12
    View loans »
    India Loans Fundraising
  • $4,567,350
    Funds lent in using Kiva
  • 55.4
    India Rupees (INR) = $1 USD