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Maa Santoshi Group
In this Group: Rasmita, Pramila, Rabjani, Jani, Minati, Minu, Pinki, Mamata*, Sunita, Kasturi, Kalpana, Sanjukta , Kishori, Subasini
* not pictured
Rasmita is the leader of a group that hails from Bolangir Town in the Bolangir district of Odisha, India. She is a 31-year-old married woman. The member seated first from the left in the first row raising her hand is Rasmita. She is running a tailoring unit in her locality. Her husband is doing auto repair work and sometimes is driving an auto from the railway station to town. Rasmita has a family of five members consisting of her husband and two sons (10 and 3 years old) and a daughter who is 6 years old.

Rasmita, along with 12 other members from her locality formed a group and applied for a loan to Mahashakti Foundation to expand their existing businesses. It is the first time the group will take a loan from MSF.

Out of their small income, Rasmita is maintaining her family in a low profile. At present, her monthly income is about Rs 8,000 but still it is not sufficient to meet the needs of her family. After learning the business procedures and knowledge, she wants to increase the volume of her business. Now she wants a loan to purchase a Pico machine for stitching.

In the future, she wants to have a stall of her own in her locality.

The other 13 members of her group (Pramila, Rajani, Jani, Minati, Minu, Pinki, Mamata, Sunita, Kasturi, Kalpana, Sanjukta, Subasini & Kishori) also want a loan for different purposes like doing a milk business, auto rickshaw transportation, a tailoring business, a Xerox business and a tiffin 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
  • 43
    View loans »
    India Loans Fundraising
  • $5,633,950
    Funds lent in using Kiva
  • 61.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Santoshi Group's $3,625 loan helped a member to purchase a Pico machine for stitching.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Feb 1, 2014
Apr 1, 2014
Currency Exchange Loss: