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Jay Matadi Group
In this Group: Pinki, Kaushalya, Bhumisuta, Kausalya, Sabina
Pinki is a married woman of 28 years old and lives in Khariar town of Nuapada district of Odisha, India. The lady standing on the extreme right with raised hand is Pinki. She hails from a Schedule Caste family. She lives with her four-member family, consisting of her husband and two sons of six and four years old.

Pinki has been running a general store at the bus stand of the town for the last 12 years with the help of her husband. Initially she started the business in a low profile with limited items like soap, tobacco, chocolates, biscuits, mixtures, etc. Gradually, she expanded her business and added extra items like mineral water and cold drinks with refrigerator from her last four loans from Mahashakti Foundation, by forming a group called Jay Matadi with four other members. Due to her husband’s good behavior, her business grew very fast. Now she is earning 400 INR daily from her business which is not sufficient for her to manage the business.

Pinki is planning to purchase more stock of daily needs items like biscuits, mixtures, cake, bread, cold drinks etc. in bulk from the present loan to satisfy her customers. She also wants to purchase another refrigerator for storing food items. She expects to increase her sales and thereby her income, which will serve to ensure the education and welfare of her children. Pinki dreams of providing better education to her two children.

The other four members of the group are Bhumisuta, Kaushalya, Sabina and Kausalya, running a mobile phone repairing and selling center, a betel nut shop, a tiffin center and a little restaurant 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
  • 35
    View loans »
    India Loans Fundraising
  • $5,640,525
    Funds lent in using Kiva
  • 61.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Jay Matadi Group's $3,025 loan helped a member to pay for purchasing of biscuits, mixtures, cakes, breads, cold drinks, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jul 31, 2013
Aug 10, 2013
Currency Exchange Loss: