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Gayatri Group
In this Group: Snigdhanjali, Surusuta, Rupa, Gahala, Gouri, Rukuni, Soudamini, Supana, Malli, Banalata, Pushpa*, Umadei, Gurubari
* not pictured
Umadei, aged about 47 years, is the leader of a group that hails from Larkipali of Bolangir district of Odisha, India. She lives with her husband and son. The member seating first from right in the first row, raising her hand, is Umadei.

Umadei has been managing a tailoring shop in her locality for the last 20 years. To add to her income, she is also doing a milk business, rearing two cows. She came together to form a Self-Help Group along with the other 12 members from her village and wishes to get a loan from Mahashakti Foundation for the development of their existing businesses. This is their first cycle loan.

Using their small income Umadei maintains her family in a low profile. Now she is very much confident in running her business and has developed her shop significantly. At present her monthly income is about Rs.5,000. With the present loan, she wants to purchase a cow and a sewing machine. She has a dream to construct a pacca (concrete-walled) house for herself.

The other 12 members of her group are Snigdhanjali, Surusuta, Rupa, Gahala, Gouri, Rukuni, Soudamini, Supana, Malli, Banalata, Pushpa, and Gurubari. They also want loan for different purposes like dairy, raising goats, electrical shop, vegetable vending, grocery shop, tailoring and betel shop.

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

  • $2,900
    Average annual income
  • 8
    View loans »
    India Loans Fundraising
  • $4,390,650
    Funds lent in using Kiva
  • 62.0
    India Rupees (INR) = $1 USD