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Maa Parbati Mm Group
In this Group: Sukanti, Sujata, Sasmita, Sabitri, Nirupama, Bharati, Bishnupriya, Bharati
Sukanti is 38 years old and married. She lives in a village in the Khurda district with her husband and her two children. Her husband earns a living by farming rice and vegetables. She is engaged in the activity of selling rice in her village, having been in this business for three years, and she manages to earn about 3,000 INR per month. This is a group loan for Sukanti's group of eight women named Maa Parbati MM. She is leading her group to apply for a loan. Sukanti wants to use her loan portion to buy more rice in bulk and sell it in the market. She hopes to increase her rice business and earn more income to better her living conditions. The members of the group Maa Parbati MM are very ambitious and are engaged in different kinds of activities like agriculture, retail stores, catering, dairy farming, vegetable selling etc.

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
  • 0
    View loans »
    India Loans Fundraising
  • $4,521,175
    Funds lent in using Kiva
  • 64.4
    India Rupees (INR) = $1 USD