Check out some available loans that are similar to this one!
Maa Mangala Self Help Group
In this Group: Sanjukta, Basanti, Premalata, Rasmita, Pratima, Manjulata, Susila, Hem, Rebati, Marua, Basanti
In 2009, 11 women from a village stepped out and formed a group having name Maa Mangala Self Help Group in Odisha. They help each other and share their problems and solve them among themselves. They celebrate their festivals together in their village.

Sanjukta, leader of the group, has six goats. She purchases the goat kids from the market and takes care of them.

She provides vaccines and fodder to them when it is required. She goes out in the morning to leave the goats for grazing in the fields and returns by noon. Then she cooks for her family. She resumes taking care of her goats by feeding them at home. She sells them for meat to the local butcher shops when they grow. Her husband assists her in selling and maintaining these goats. It takes eight to nine months for her to raise and sell them. In this way she is learning to control her cash flow, which is not sufficient to manage her daily activities.

She wants to enlarge her business, so she wants to purchase 10 more goats. In this way she can earn a good amount after all expenditure in her business.

She has requested a loan of 1,65,000 INR for her group. So that they can earn more and can control their family's cash flow.

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
  • 165
    View loans »
    India Loans Fundraising
  • $5,355,125
    Funds lent in using Kiva
  • 54.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Mangala Self Help Group's $3,050 loan helped a member to pay for purchasing ten goat kids for her goat selling business.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 10, 2013
Mar 24, 2013
Currency Exchange Loss: