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Tripati Swamy Group
In this Group: Kumari, Ananta, Kumari, Anantatila, Hema
Ananta is the leader of a group that hails from Muniguda in Rayagada district of Odisha, India. She is a married woman of 44 years. She has a small family comprised of three members: herself, her husband, and one son aged 24. The member standing second from left with raised hand is Ananta.

Ananta has had a dried fish business for the last 12 years. She is wholesaling the dried fish to retailers. Her husband is supporting her for the smooth running of the business. The family income is about Rs.9,000 per month.

Having been through tremendous trials and tribulations herself, Ananta, along with another four members of her locality, formed a group to access loans and improve their businesses. It is the first loan for development of their existing businesses.

Ananta wants to take a loan to purchase dried fish from Andhra Pradesh for wholesaling. She has a cherished desire to have Pacca (brick-built) house of her own.

The other four members have a fish business, a hotel, a fancy store and a mobile and accessories store.

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
  • 169
    View loans »
    India Loans Fundraising
  • $5,355,125
    Funds lent in using Kiva
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Tripati Swamy Group's $1,200 loan helped a member to purchase a big quantity of dried fish from Andhra Pradesh for wholesaling.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 6, 2014
Jun 16, 2014
Currency Exchange Loss: