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Lankeswari Mahila Samiti Group
In this Group: Mamina, Rihan, Chanda, Hasina, Saina, Chapala, Aesaha, Henaj, Khata, Mamtaj, Raisha, Sanju
Lankeswari Mahila Samiti consists of 12 women from a village in Odisha. They formed a group to help themselves to share their problems and to solve their problems among them.

One of them is Mamina, who was selected as the President of Lankeswari Mahila Samiti. The lady standing fourth from the right hand side, wearing a black dress in the photo is Mamina. Mamina is 38 years old and is living with her husband and her three children. All her children are in school. She hopes to see them later on as a officer serving the country. She is engaged in the activity of selling cow's milk in the village and nearby market. Her husband is supporting her in this activity.

She has requested a loan of 300,000 INR, which will help her to purchase more cows and fodder for her dairy business. She says a portion of the loan amount will help her to purchase a cow and fodder for cows.

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
  • 12
    View loans »
    India Loans Fundraising
  • $4,570,425
    Funds lent in using Kiva
  • 54.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Lankeswari Mahila Samiti Group's $5,550 loan helped a member to pay for purchasing more cows and fodder for her dairy business.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Feb 3, 2013
Listed
Feb 26, 2013
Currency Exchange Loss:
Possible