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Hingulai Group
In this Group: Binodini, Lilibala, Mamata, Pramodini, Sandhyarani, Sanjulata
Sanjulata, 37 years of age, is the leader of a group that hails from Siripur, Bhubaneswar of Khurda district of Odisha, India. Her family is comprised of her husband and two sons. The member standing first from the right with raised hand is Sanjulata.

Sanjulata’s elder son Rajeswara has just passed his matriculation and wants to continue his studies. In the photograph he is standing just behind Sanjulata. For higher education he wants to take admission in Intermediate Commerce (+2 commerce) at Biju Pattnayak College, Bhubaneswar.

The monthly income of Sanjulata is about Rs.8,500 which is not at all sufficient to meet her monthly expenditures. The higher education of her son is now a financial burden. Hence she formed a group with five other members from her locality and applied for financial support from Mahashakti. It will be the first cycle loan for the group.

The other five members of her group, Binodini, Mamata, Lilibala, Pramodini and Sandhyarani, also want a loan for the education of their children. In the photo students are standing in front of their respective mothers except for the featured member's son.

Additional Information

More information about this loan

This loan is part of Mahashakti's education program, designed to finance school tuition for poor students from urban and semi-urban parts of Odisha to attend college and university and technical institutions. Funds can be used for partial or complete payment of higher education expenses. By supporting this loan, you're enabling access to education for students with limited options.

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
  • 1
    View loans »
    India Loans Fundraising
  • $4,392,250
    Funds lent in using Kiva
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Hingulai Group's $2,025 loan helped a member to pay for admission in Intermediate Commerce.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
May 29, 2014
Jun 16, 2014
Currency Exchange Loss: