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Mahalaxmi-1 Group
In this Group: Binodini, Rebati, Purnima, Padmalaya
Rebati, a married woman 48 years old, lives in the district headquarters of Kalahandi district, i.e. Bhawanipatna, of Odisha, India. The lady standing second from left in the sky color sari with raised hand is Rebati. She lives with her husband and two sons, age 29 and 20. She is very energetic, hardworking and enthusiastic and she always devotes her efforts to get her family ahead.

For 20 years, Rebati has been running a general shop. Initially, she started the business in a low profile with limited items like potato, soap, sugar, tea dust, tobacco, chocolates, etc. Gradually, she expanded her business and added extra items regularly. Now her son is looking after the business.

In the year 2009, Rebati, along with three other women of her locality, formed a Joint Liability Group named Mahalaxmi-1 and took a loan from Mahashakti Foundation for the development of their business. All members hail from poor backgrounds in the Below Poverty Line category. This is the third loan of her group.

During the last three loans, Rebati has been able to add some grocery items like dough, oil, spices, etc. Now she is earning 500 INR daily from her business. Rebati wants to keep more stock for her shop, but due to financial scarcity, her son has to go to the nearest market to buy items for her grocery shop regularly. Due to frequent purchases, she incurs losses due to transportation costs. So from the present loan she has planned to buy in bulk merchandise for her business such as rice, sugar, oil, noodles, potato, onion, dough, etc. She expects to increase her sales and thereby her income for her overall development. Rebati hopes to build a permanent house for her family and get her sons married.

The other three members of the group are Padmalaya, Binodini and Purnima running tailoring center, auto repairing center and betel nut shop respectively.

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
  • 35
    View loans »
    India Loans Fundraising
  • $5,650,575
    Funds lent in using Kiva
  • 54.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Mahalaxmi-1 Group's $900 loan helped a member to pay for purchasing rice, sugar, oil, noodles, potato, onion, dough, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 25, 2013
Mar 25, 2013
Currency Exchange Loss: