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Samaleswari Shg Group
In this Group: Kaikeya, Sajani, Narmita, Jamuna, Rukamni, Aenala, Premasila, Bhogya, Lalita, Demati
Kaikeya is a 24-year-old lady living with her husband and son in a small village named Medinpur in the Kalhandi district. In the picture, the lady seated first from right with her hand raised is Kaikeya. Her husband is a farmer. He spends all day at the farm. Her son is at school. During the day, she has all day free, so she decided to make a Self Help Group. She gathered some of her neighbor women and made a Self Help Group named Samaleswari SHG. Kaikeya took on the leadership of the group.

Kaikeya has a plan to cultivate watermelon and sell it at the market so that she can make a handsome profit. For this reason, she and her group members are requesting this loan. She will use her portion to buy seeds, fertilizers and pesticides for her watermelon farming. After this investment, she will be earning and supporting her family. She is very happy that she is able do something that is worthy of her leisure time.

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

  • $2,900
    Average annual income
  • 17
    View loans »
    India Loans Fundraising
  • $4,286,275
    Funds lent in using Kiva
  • 61.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Samaleswari Shg Group's $2,475 loan helped a member to buy seeds, fertilizers and pesticides for her watermelon farming.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Mar 8, 2014
Listed
Mar 24, 2014
Currency Exchange Loss:
Possible