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Maa Maheswari-1 Group
In this Group: Bina, Indurani, Saraswati, Sebati , Punya
Maa Maheswari-1, a joint liability group, was formed in the year 2010 by five active women of Bhawanipatna town of Kalahandi district in Odisha, India. Kalahandi is known for drought and backwardness.

Indurani is one of the members of this group. She is standing on the extreme left with a raised hand in the photograph. She is a very energetic and hardworking lady. She is 48 years old and lives with her husband and two sons, ages 30 and 28, who have completed their studies and help their parents in household work. Presently, Indurani is residing in a small house with her family.

Indurani is running a pickle business. She makes the pickles herself and also procures ready-made pickles from the nearest market in Andhra Pradesh state and supplies the retailers of Bhawanipatna town. To help her in preparation of pickles, she has engaged two female workers. Her husband supplies the pickles to 20-30 retailers in the town. He also goes to the nearest markets to sell the pickles. Indurani earns a monthly income of 8,000 Indian rupees (INR) from her existing business. She says this income is not at all enough for her to manage the family and think for the future. So, she wants to increase the size her business to earn some extra income.

With the present loan, Indurani wants to procure ready-made pickles in bulk and also to get mangos, oil, spices, Accent, etc., for preparation in her house. This will help her to decrease the transportation and materials costs, as she brings it frequently. Indurani hopes to set up a pickle-making unit of her own with 5-6 workers.

The other four members of the group are Punya, Saraswati, Sebati and Bina who are running a tea stall, spice business, four wheeler repairing center and tiffin stall and cycle mart 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
  • 208
    View loans »
    India Loans Fundraising
  • $5,212,200
    Funds lent in using Kiva
  • 55.7
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Maheswari-1 Group's $1,275 loan helped a member to pay for purchasing ready-made pickles, mangos, oil, spices, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
May 30, 2013
May 25, 2013
Currency Exchange Loss: