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Gayatri Group
In this Group: Bhanubai, Sadabadi, Mangalbai , Simadini
This group, formed in the year 2009, is called “Gayatri”. It is a group composed of four women members of the village called Gadramunda. It is located in the Nuapada district of Odisha, India.

One of the members of this group is Bhanubai, who has raised her hand in the photo on the extreme right. She is 34 years old. She lives with her husband, one son of seventeen years and two daughters of eleven and nine.

Bhanubai has been running a small bakery factory in her house with the help of her husband for the last ten years. In the bakery factory, items like bread, cream roll, toast, etc. are being prepared. She has engaged three skilled laborers for the processing and making of bakery items. Thirty vendors from fifteen nearby villages come to her factory for taking the product.

Bhanubai says that owing to better quality, design, packing and forms of her products, there is a lot of demand from the locality, but due to shortage of stock, she is not able to meet the demands. She now wants to buy more stock of oil, dough, sugar, etc. with the present loan to increase her production level to meet the demand and grab her customers.

From the increased income, Bhanubai dreams to start an ice cream factory for the next summer season. She also hopes to save money from the sale proceeds for providing a better education facility to her children.

The other three active members of the group are Sadabadi, Mangalbai and Simadini, who are running a biriyani restaurant, fish business and tyre-repairing center 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
  • 110
    View loans »
    India Loans Fundraising
  • $5,430,025
    Funds lent in using Kiva
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Gayatri Group's $1,700 loan helped a member to purchase oil, dough, sugar, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 19, 2013
Jun 28, 2013
Currency Exchange Loss: