Check out some available loans that are similar to this one!
Trinatha Group
In this Group: Krishnabeni, Dharitri, Madhabi, Sarada
Sarada is the leader of a group that hails from Muniguda village of Rayagada district of Odisha, India. She is a married woman of 46 years. She has a small family comprised of five members, including one daughter aged about 20 years and two sons aged about 22 and 18 years. The member standing second from left with raised hand is Sarada.

Sarada has been running a grocery shop in her locality for the last five years. She looks after the shop. In the morning her husband helps to run the shop. After completion of her housework, she spends the rest of her time in the business. Her husband does seasonal business. He goes to nearby villages and purchases seasonal grains and sells them in the Muniguda market. This will be her third loan from Mahashakti Foundation for the development of her business. Sarada took out her first loan in 2012 with three other members from her locality.

At present her monthly income is about Rs.5,000, but that is not sufficient to lead a better life. So, she wants to take a loan to purchase rice, oil, sugar, salt, potatoes, onions, washing powder, soap, tea, biscuits, etc. for her grocery shop. This will be the third loan cycle for the group. Sarada's future business plan is to be a wholesaler.

The other three members of the group, Dharitri, Madhabi and Krishnabeni, want a loan for their existing businesses of vegetable vending, a welding shop, and a grocery shop 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
  • 124
    View loans »
    India Loans Fundraising
  • $5,421,200
    Funds lent in using Kiva
  • 62.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Trinatha Group's $2,075 loan helped a member to purchase rice, oil, sugar, salt, potatoes, onions, washing powder, soap, tea, biscuits, etc. for her grocery shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jan 16, 2014
Jan 23, 2014
Currency Exchange Loss: