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Ann Radhamohan Self Help Group
In this Group: Babi , Bebi , Prabhasini , Susama , Puspalata , Mirabai , Jhuna , Subashi, Lalita , Babina , Kuni , Satya
"Ann Radhamohan" is a women's self help group with 12 members. The members reside in the village of Jaripada in Odisha, India. The lady standing in the middle of the photograph with a register is Babi.

Babi is the president of the group. Babi, 41, and her husband Surendra, 45, have two children who are currently in school. For five years, this husband and wife have worked as a team selling fresh and dried fish in the market. Surendra goes to the large Chilika Lake to fish and brings home the hard-earned products of his labor, while Babi prepares dried fish to sell in the local market.

They hope to get a loan to purchase fishing net and a storage box to store and transport the fish. With the ability to fish and store larger quantities of fish, they hope to increase their profit.

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 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.

About India

  • $2,900
    Average annual income
  • 0
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 53.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Ann Radhamohan Self Help Group's $4,475 loan helped a member to purchase fishing net and a storage box to store and transport more fish to sell in the local fish market.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 25, 2012
Currency Exchange Loss:
Possible