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Maha Laxmi Group
In this Group: Sebati, Labanya, Sumani, Sumitra
Sebati is a housewife aged 28 who lives with her husband and one son of three years in a rural village named Salepali in Kalahandi district of Odisha state in India. The lady standing on the extreme left with an orange-colored sari is Sebati. Sebati is running leaf plate manufacturing and dry food businesses and her husband works as a carpenter. He also cultivates paddy (rice), maize and vegetables. From the above Sebati’s family get a monthly income of 4000 INR which makes it very difficult to manage her family's budget.

The village Salepali is very remotely located and people depend on the nearby town for all things. 98% of households in this village use fuel wood for cooking purposes. In the present situation it is very hard and expensive to get fuel wood. So the people of this area are wasting their time, money and energy to obtain it.

When Mahashakti Foundation introduced its cook stove loans, a demonstration meeting was organized in this village. In the meeting the usefulness of the cook stove--less smoke, fuel saving, less fuel cost up to 50% and time saving points--were discussed which impressed people. To get this loan Sebati formed a Joint Liability Group named Maha Laxmi, taking three other like-minded women of her village as members.

From this loan Sebati is planning to purchase a cook stove which costs Rs.2400/- . She thinks that this smokeless stove will help to save fuel wood, save time, and protect her from the bad effects of smoke. This also indirectly supports environment protection. She hopes it will also help to develop her current business so she can earn more income for better living.

The other three members of the group are Labanya, Sumani and Sumitra.

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
  • 125
    View loans »
    India Loans Fundraising
  • $5,421,200
    Funds lent in using Kiva
  • 54.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maha Laxmi Group's $200 loan helped a member to pay for purchasing a cook stove.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 25, 2013
Apr 27, 2013
Currency Exchange Loss: