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Maa Gojabayani Self Help Group
In this Group: Basanti, Sakuntala , Jyoti , Jhunu , Satyabhama , Banita , Somabari , Pratima , Jahida , Pramila
Basanti is a 39-year-old lady who has three children. She lives in the Angul district of Odisha, India with her husband and her children. A few years back, she started a business making and selling spices, such as turmeric powder, chili powder, dry mango powder, cardamom powder, cinnamon powder, coriander powder, mixed spices for curry etc. She makes these powders with the help of grinders. She makes a variety of spices depending on the demand for spices in the market. She is requesting a loan of 250,000 INR to buy more supplies such as asafoetida, cumin, coriander, cinnamon, black pepper etc. With this investment, she will expand her business so that she can generate more income and improve the quality of life for herself and her family. She is requesting in a group of 10 members who are all women and all live in the same community. They named their group Maa Gojabayani Self Help Group, which is situated in the Angul district of Odisha, India.

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

  • $4,000
    Average annual income
  • 37
    View loans »
    India Loans Fundraising
  • $5,633,950
    Funds lent in using Kiva
  • 54.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Gojabayani Self Help Group's $4,600 loan helped a member to purchase ingredients to make spices.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 10, 2013
Mar 22, 2013
Currency Exchange Loss: