A loan of $1,100 helped a member to pay for purchasing of peanuts in bulk.

Tara Tarini Group's story

In May 2011, five women from Titilagarh town of Bolangir district in Odisha, India, formed a group named Tara Tarini to take a loan from Mahashakti Foundation for expanding their businesses.

Alibha, a headstrong and confident lady, is one of them. The lady sitting middle in the photo raising her hand is Alibha. She is 39 years of old and lives with her husband, two sons, 20 and 14 years old, and her daughter, age 12. All her children are continuing their studies. Her elder son is studying for an engineering degree. Although Alibha is a permanent resident of Titilagarh, due to a residential problem her family is residing in a rented house in the same town.

Alibha has run a mixture and fried peanut supply business for the last seven years with the hand-holding support of her husband. She purchases raw peanuts in bulk, fries them, makes small packets in polythene and her husband supplies them to retailers at a wholesale price. Apart from this, she also supplies mixtures at wholesale. Alibha usually supplies 300 kilograms of fried peanuts to the retailers in a week. She purchases stock of peanuts from three wholesale markets 200 kms away. She gets a monthly income of INR 5,000 from the existing business.

Out of this income she is hardly able to manage her household and the educational expenses of her children, especially since her elder son is studying for his engineering degree at a distant place. Money poses a hindrance for managing all these expenses from her scanty income. So she wants to expand her business by taking a loan from Mahashakti Foundation. Alibha wants to purchase more stock of raw peanuts from the present loan. This will help her to reduce her purchasing and transportation costs as she usually has to replenish her stock frequently.

Alibha hopes to save enough for building a good house of her own as the present house is a rented one. She has also dreams to give better education to her children.

The other four members of the group are Ranjulata, Bhanumati, Puspanjali and Surendri, who are running meals hotel, screen printing, tea stall and daily needs businesses respectively.

In this group: Bhanumati, Alibha, Puspanjali, Ranjulata, Surendri

Loan details

Lenders and lending teams

Loan details