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Ganga Group
In this Group: Laxmi, Tulasha, Ambika, Dalimba, Susama
Laxmi, about 29 years old, resides with her only son who is seven years old and her husband in Muniguda, in the Rayagada district in Odisha, India. The lady standing in the middle with her hand raised in the photograph is Laxmi. In the year 2010, she formed a JLG with four other members of her village to request a loan from Mahashakti Foundation.

Presently, Laxmi is purchasing leaves and making leaf plates. She has also been collecting leaf plates from other group members to wholesale for the last six years. She earns about Rs 7,000/- (INR) per month from her business. According to Laxmi, this amount is not at all sufficient to manage the household expenditure. So she wants to expand her business and earn some extra income.

She has already received three loans from Mahashakti. This is her fourth loan. With the present loan, she wants to invest in purchasing more leaf plates to increase the turnover of her business. Laxmi has an ambition to install a leaf-plate-making machine in the future and to educate her son for a bright career.

The four other members of the group, Dalimba, Tulasha, Ambika and Susama, are doing the same business: making leaf plates and selling them at a higher price.

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
  • 113
    View loans »
    India Loans Fundraising
  • $5,430,025
    Funds lent in using Kiva
  • 64.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Ganga Group's $925 loan helped a member to purchase leaf plates to sell.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jul 30, 2013
Aug 29, 2013
Currency Exchange Loss: