Check out some available loans that are similar to this one!
Omm Sairam Group
In this Group: Mita, Sunita, Pramila, Nandini
Nandini, an active married lady of 34, is a permanent resident of Titilagarh town of Baalngir district of Odisha, India. The young lady standing second from right with a raised hand in the photograph is Nandini. She resides with her husband, one son of 10 years and one daughter of 7 years.

For the last two years, Nandini has been running a home shop of ladies’ fancy items like bangles, talc, plastic items, cosmetics, ornaments, ready-made garments, etc. in her house. Prior to this business, Nandini's husband was running a tailoring center and was earning a monthly income of 3,000 INR (Indian rupees), which was not at all sufficient to manage the household expenses along with the study expenses of her children.

So, Nandini discussed the situation with her husband and started this business. Now her fancy store is running well. Nandini brings the stock from different towns like Titilagarh, Bargarh, Raipur, etc. In the present situation, Nandini is earning a monthly income of 3,000 INR and supporting her family. But she has a dream to earn more and establish herself well, so she wants to increase the volume of her business to increase the income.

This year, Nandini, along with three other like-minded women of her town, formed a group named “Omm Sairam” and availed a loan from Mahashakti Foundation. From this loan amount of 10,000 INR, Nandini wants to invest the entire amount to purchase ladies’ footwear, which will be a new item for her business. She hopes this will attract the women from her locality and fetch a handful of income to her.

Nandini hopes to construct a good cabin for her business and give better education to her children.

The other three energetic group members are Mita, Sunita and Pramila, who are doing a beauty parlor, dry wash center, and general store business 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
  • $5,207,575
    Funds lent in using Kiva
  • 61.4
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Omm Sairam Group's $725 loan helped a member to purchase ladies' footwear.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 25, 2013
Oct 17, 2013
Currency Exchange Loss: