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Sainath Group
In this Group: Kamala, Gitanjali, Surindar, Chhayadevi, Sita
Kamala, an active married lady of 50, is a permanent resident of Khariar town in the Nuapada district of Odisha, India. She is always cheerful in nature. The active and energetic lady standing in the middle with a raised hand in the photograph is Kamala.

She resides with her husband and one son of 28 years. To increase the income of her family, in the year 2009, she, along with four other like-minded women of her locality, formed a group named Sainath and availed a loan from Mahashakti Foundation. This is the fourth loan for her.

Kamala herself has been running a fancy store with ladies’ fancy items and cosmetics for the last fifteen years in the heart of the town. She basically sells items like bangles, talc, combs, oil, face cream, plastic items, cosmetics, ornaments, etc. She brings the stock for her fancy store from the wholesale market 200 kms away in another state. The joyfulness of Kamala attracts many customers to her shop.

Presently, she earns a monthly income of 10,000 INR. She wants to increase the volume of her business to earn some extra income. So, from this loan amount, Kamala wants to purchase bulk items of bangles, talc, combs, oil, face cream, plastic items, cosmetics, ornaments, etc. She hopes to develop her shop into a showroom with quality items in the future.

The other four members of the group are Gitanjali, Surindar, Chhayadevi and Sita. They are running a fancy store, iron and steel materials shop, bangle store and barber shop.

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
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Sainath Group's $3,525 loan helped a member to purchase bangles, talc, combs, oil, face cream, plastic items, cosmetics, ornaments, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 19, 2013
Jun 28, 2013
Currency Exchange Loss: