Maa Jogamaya Group
Lakshi is an admirable woman; she had to educate and raise her children on her own. To do so, she has been running a business selling broiler chickens for the last seven years in her home town. She works eight hours a day and is well known by her customers, who know that she sells quality broilers. She earns a net profit of 300 INR per day.
To increase her business, Lakshi, along with four other women members of her locality, formed a Joint Liability Group for availing a loan from Mahashakti Foundation. This is her second loan from the organization, and she wants use the loan to purchase more numbers of broilers and make a shed for safety. She hopes to develop a poultry farm in the future and give a better education to her children.
The other four members of her group are Sanjukta, Dasmati, Balmati and Subarnna, running businesses of fast food & tiffin center, tailoring center & vegetable vending, tea stall, and vegetable vending respectively.
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 loanDue 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
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This loan has been fully funded!