Maa Laxmi 'b' Group
Anadi is 39 years old, living with her husband and five other family members. Anadi hails from a very poor, landless, illiterate Schedule Caste (SC), Below Poverty Line category. She is running a business of rope making, a procuring and selling business. This is a traditional business in her community. Previously, the people of this community used to make rope from cow and buffalo skin. Due to social restrictions and a progressive mindset, this has been replaced by plastic rope. These items are especially used for tethering domestic animals like cows, buffalo, sheep, and goats.
Her family helps Anadi in all aspects of the business, from the processing to the selling of products in different weekly markets at her locality. Her entire family works 8-10 hours daily in making these items. Her husband covers six weekly markets in a week by using public transport and a bicycle for selling the products. Her husband collects raw materials (empty cement bags) from different contractors and builders.
In a week, her family earns 2,000-4,000 INR, which is not sufficient to manage her family. So, Anadi wants to increase her income by adding some extra stock of empty cement bags and a self-transport facility. She wants to have enough stock for supporting her business to run for long days. Anadi wants to utilize the present loan for purchasing more stock of empty cement bags and procuring ready-made products from her locality.
Anadi dreams to have a bike for supporting the transporting and marketing of her products, as per her own sweet-will. She also wants to complete her half-constructed house.
The other three members of her group are Tuni, Jasoda and Jaemati, who belong to the same community and are doing the similar businesses of rope making and selling.
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
74View loans »
This loan has been fully funded!