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Maa Mangala Self Help Group
In this Group: Rekha, Bishnupriya, Jemamani, Surama, Mina, Kanchan, Ashamani, Jasoda, Binati, Sasmita
Bishnupriya is a 39-year-old lady. She is staying in Odisha with her husband and her three children, who are in schooling. Her husband is a farmer. For the past twelve years, she has been engaged in the activity of selling cow milk in her village. Her husband assists her in this activity.

Bishnupriya is a very responsible and ambitious woman. She is the leader of the group, Maa Mangala Self Help Group (SHG). There are ten members in the group, and all are women. The members of the group are involved in different kind of activities like agriculture, and some have grocery shops.

She, along with her group, has requested a loan of 1,900,000 INR to purchase a cow and to repair her cow shed. Bishnupriya has a dream to provide a better education to her children.

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

  • $2,900
    Average annual income
  • 24
    View loans »
    India Loans Fundraising
  • $4,289,225
    Funds lent in using Kiva
  • 57.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Mangala Self Help Group's $3,300 loan helped a member to purchase a cow and repair her cow shed.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
May 30, 2013
Listed
Jun 17, 2013
Currency Exchange Loss:
Possible