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Omm Maa Tarini Self Help Group
In this Group: Basanti , Suprava , Puja , Subhalaxmi , Saraswati , Kalpana , Tulasi , Kamala , Sabita , Sulochana
The Omm Maa Tarini Self Help Group is formed by ten members originally from the Bhadrak district of Odisha, India. These members are responsible married people. They have 23 children under their responsibility. They are all hardworking with hopes to self-improve.

Basanti is the leader of the group. Her activity is a variety store located in her house. She sells basic products such as rice, beans, wheat flour, bread, eggs, sugar, tomatoes, potatoes and other household consumables. The lady wearing a red saree, standing third from the left hand side, is Basanti. This loan is needed for working capital to stock her store and satisfy the demand from her clients. Basanti, along with her group members, has requested a loan of 150,000 Indian rupees (INR) to enhance their businesses.

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
  • 3
    View loans »
    India Loans Fundraising
  • $4,576,200
    Funds lent in using Kiva
  • 54.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Omm Maa Tarini Self Help Group's $2,750 loan helped a member to pay for purchasing products for her variety store such as rice, wheat flour, beans, bread, eggs, sugar, tomatoes, potatoes and other household consumables.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Oct 31, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible