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Maa Santoshi Group
In this Group: Sabita, Kuni, Manju, Budhamani
The name of this Joint Liability Group is Maa Santoshi. It consists of four active women. All the entrepreneurs of this group belong to Bhawanipatna town in the Kalahandi district in Odisha, India. Sabita, standing on the extreme left in a yellow sari in the photo, is one of the members of this group. She is 40 years of age and lives with her husband, one daughter (20 years old) and one son (22 years old). Her family migrated to this area 30 years ago to maintain their livelihood.

Sabita has been running a grocery store along with a small restaurant attached to it for the last 15 years with the help of her husband. Both the wife and husband manage the business. To manage the restaurant, she has engaged three workers whom she pays 10,000 INR per month. Sabita earns a net monthly profit of 8,000 INR from the business. It is difficult on her part to manage the household as well as business expenses. Sabita has a desire to increase her income by adding some value-added items to her existing business. She wants to purchase a refrigerator for the grocery store for keeping soft drinks and she wants to repair the restaurant shed with the loan. Sabita has a dream of establishing herself as a proud owner of a quality restaurant and marrying her daughter in a respectable manner.

The other three members of her group. Kuni, Manju and Budhamani, are running a tire reselling centre and barber shops.

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

  • $4,000
    Average annual income
  • 23
    View loans »
    India Loans Fundraising
  • $5,655,475
    Funds lent in using Kiva
  • 54.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Santoshi Group's $925 loan helped a member to purchase a refrigerator and make repairs to her restaurant.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jan 15, 2013
Dec 18, 2012
Currency Exchange Loss: