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Kalyani Group
In this Group: Tuku Kumari, Lalita, Manju, Pratima, Jhara, Mamana
Mamana, age about 47 years, resides with her husband and two sons, ages about 22 and 20 years, in Muniguda of Rayagada District in Odisha, India. The lady standing at the extreme right with a raised hand in the photograph is Mamana. In the year 2009, she formed a group with other members of her village to avail a loan from Mahashakti Foundation.

For the last five years, Mamana is making mixture (snacks) and selling it. Her husband is supporting the business. Mamana’s household income per month is about 8,000 Indian rupees. According to Mamana, this amount is not at all sufficient for her to manage the household expenditures. So she wants to expand her business to earn some extra income.

She has already availed three loans from Mahashakti with 100% on time repayment. It is her fourth cycle loan. With the present loan, she wants to purchase gram flour [made from ground chickpeas], oil, dry chilly, puffed rice and spices, etc., for the preparation of mixture. Some part of the loan will be invested to purchase utensils for making mixture. She has a dream to establish a big mixture factory in Muniguda.

Out of the other five members of the group, Tuku and Pratima need a loan for their betel shop and saloon respectively. The rest of the three members, Manju, Lalita and Jhara, want a loan for a leaf plate business.

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
  • 151
    View loans »
    India Loans Fundraising
  • $5,194,825
    Funds lent in using Kiva
  • 62.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Kalyani Group's $2,900 loan helped a member to purchase gram flour, oil, dry chilly, puffed rice and spices, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 10, 2013
Sep 27, 2013
Currency Exchange Loss: