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Ann Budhimaa Shg Group
In this Group: Manju, Puja, Ratna, Sanju, Sukanti, Kousalya, Jyotsna, Uma, Sabitri
Manju, the lady standing with raised hand in the photo, is a very active woman of 37 years of age. She resides in a small house with her husband and one son of 16 years in a rural village of Khurda district in Odisha, India.

For the last 12 years, Manju has run a general grocery shop in her small house with items like soap, shampoo, washing powder, sugar, tea, oil, etc. She started the business with a small investment of her own. At that time, her monthly net income was around 3,000 INR. It was very difficult on her part to maintain the family. So she, along with eight other women from her village, formed a self-help group named "Ann Budhimaa SHG" to access loans from People's Forum. Before that, she had taken out an individual loan from a micro finance institution and successfully repaid the total loan.

Now she is earning a monthly income of 5,000 INR. As per the statement of Manju, this small income is not at all sufficient to manage the family along with educational expenses of her son, so she wants to increase her income by the expansion of her existing business.

She has planned to use the loan amount to purchase items like rice, wheat, lentils, oil, soap, potatoes, bulk for her general store. This will help her to reduce her purchasing and transportation costs as she will replenish her stock less frequently. She hopes that this investment will give her more income and enough savings so that she will be able to construct a house for her family, which is a dream for her, and give better education to their son.

The other eight members of the group are running milk selling, computer center, and vegetable vending businesses.

Additional Information

More information about this loan

This loan is specifically designed for People's Forum's vulnerable clients, including family members of leprosy patients, people who are physically challenged and third gender individuals. By funding this loan, you are supporting low income individuals in India who are excluded for gender or health reasons. 

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

  • $4,000
    Average annual income
  • 35
    View loans »
    India Loans Fundraising
  • $5,654,125
    Funds lent in using Kiva
  • 62.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Ann Budhimaa Shg Group's $3,650 loan helped a member to purchase items like rice, wheat, lentils, oil, soap, potatoes, etc. in bulk for her general store.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jan 9, 2014
Feb 1, 2014
Currency Exchange Loss: