At present, she is running a tailoring shop in her locality very successfully. Her husband is also supporting her in his leisure time. Her husband is a mason to earn his livelihood. She is a very active lady who wants some extra income through her own efforts. At present, her family income is about Rs 6, 500 per month, which is not sufficient to maintain her family. During 2014, along with 11 other members of her locality, Pushpanjali formed a group.
It is the first time the group will take a loan from MSF. With the loan, Pushpanjali will purchase a sewing machine, a Pico machine and some thread to add to her business.
The other members of her group are doing a milk business, vegetable vending, a grocery shop, a hotel, a salon, a bookstore, a fancy shop, etc.
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 loanDue 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
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This loan has been fully funded!