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Maa Durga Group
In this Group: Jaenti, Lalmati, Bhuleswari, Puspanjali, Shrimati
Jaenti, aged 39, is a hard-working lady from Chhata village of Nuapada district in Odisha, India. Chhata is a remotely located rural village. The lady standing second from right with raised hand is Jaenti. She is residing with her husband, two sons of 14 and 11 and one daughter of 16 years who are locally continuing their studies.

Jaenti herself has been running a general store in her village with daily-need items like potatoes, rice, oil, soap, shampoo, biscuits, tea, sugar, etc. for the last 10 years. Her husband helps in her business like bringing stock from the nearest town for her general store. She earns a monthly income of 5000 INR from the existing business which is just hand to mouth for the family.

In the year 2010 Jaenti, along with other four members of her village, formed a Joint Liability Group to access loans from Mahashakti Foundation for developing their business. Prior to this loan Jaenti already accessed two loans from Mahashakti Foundation and each time she was able to add some extra items to her shop. This is the third loan for her and from this loan she wants to purchase stock of potatoes, rice, oil, soap, shampoo, biscuits, tea, sugar, etc. in bulk from the nearest wholesale market to avoid the regular transportation cost and loss due to price variation. She also wants to purchase a refrigerator for starting cold drinks selling.

Jaenti believes she can earn more income from this investment which will help her to manage her family finances smoothly. She hopes to construct a good house and arrange the marriage ceremony of her daughter in a decent manner.

The other four members of the groups are Puspanjali, Lalmati, Bhuleswari and Shrimati with rice haller, general store, milk selling and paddy procurement businesses 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
  • 193
    View loans »
    India Loans Fundraising
  • $5,200,500
    Funds lent in using Kiva
  • 68.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Durga Group's $2,075 loan helped a member to pay for purchasing potatoes, rice, oil, soap, shampoo, biscuits, tea, sugar, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 31, 2013
Sep 9, 2013
Currency Exchange Loss: