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Kamala Group
In this Group: Gitanjali, Niharika, Kuni , Rashmirani
The name of this Joint Liability Group is Kamala. All four active women entrepreneurs in this group belong to Bhawanipatna town in the Kalahandi district in Odisha, India. Kalahandi district is a very poor region of the country with poverty and underdevelopment. Rashmirani, standing second from the right with a red-colored sari in the photo, is one of the members of this group. She is 26 years of age and lives with her husband, her four-year-old son, father and mother-in-law.

Rashmirani has been running a fabrication workshop for the last 13 years in a temporary shed with the active participation of her husband, who looks after all activities of the business. She has engaged three skilled workers in her fabrication works @ 3,000 INR each per month. She manufactures grills, shutters, windows, doors and other iron products per the orders of the customers. Her monthly net income from the fabrication work is around 5,000 to 6,000 INR. In her opinion, her present income is insufficient to manage the fabrication as well as household expenses. Her husband purchases iron materials from the local market regularly as needed.

With the present loan, she is planning to purchase iron rods, angles, and iron sheets in bulk to save the unnecessary expenses incurred due to price fluctuation of the materials and transportation. With this, she will earn some extra income for her family. Rashmirani has a dream of providing a better education for her child and constructing a good workshop for her fabrication unit in the near future. Also, she has a big hope of constructing a house of her own in due course.

The other three members of her group are Gitanjali, Niharika and Kuni who are running a vegetable farm, an electrical shop and a shoe business.

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
  • 10
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 55.3
    India Rupees (INR) = $1 USD