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Maa Ugratara Group
In this Group: Ganga, Sujata, Lacha, Rasmita
Lacha, aged 37, is a permanent resident of Basuguda village of Rayagada district of Odisha, India. Basuguda village is a tribal village which is 7 Kms from Rayagada town. All the households of this village are marginal farmers with less than one acre of land and are daily wage earners. On these small pieces of land they cultivate cotton and pulses (lentils).

The lady standing on the extreme right with raised hand in the photograph is Lacha. She lives with her husband and her mother in-law. The main source of income for Lacha is selling milk and daily wage earning. She works in the nearest papermill as a daily wage earner. She purchased two cows from the first loan she took out from Mahashakti Foundation.

When Mahashakti Foundation started housing loans, Lachha, along with three other women of her village formed a Joint Liability group named Maa Ugratara to access this loan. It was a blessing for them because they are living in small houses. Lacha wants to repair her house and add on another room from the present loan. The other three members of her group are Ganga, Sujata and Rasmita. The group members are very happy with this support.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About India

  • $2,900
    Average annual income
  • 8
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 55.1
    India Rupees (INR) = $1 USD