Total loan: $1,275
Maa Thakurani Group
TETELKHUNTI, BALANGIR,ODISHA, , India / Retail
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Maa Thakurani Group's loan finished fundraising,
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A loan helped To purchase oil, sugar, tea dust, washing powder, lentils, soap, biscuits, spice items, etc.
Maa Thakurani Group's story
Manjulata is 30 years old and lives in Tetelkhunti village in the Balangir district of Odisha, India. Tetelkhunti is a remotely located rural village. The lady standing third from right with her hand raised in the photograph is Manjulata. She belongs to a poor family and is a very active and energetic lady. She lives with her husband, one son who is eight years old and one daughter who is five years old. Manjulata has been running a general store in her village for the last two years. She started her small business in a wooden stall with 4,000 INR of her own. In the year 2011, she and five members of her village formed a group named Thakurani to avail loans from Mahashakti foundation. She has already taken the first loan and has been able to give a new look to her shop by increasing the stock. She sells general grocery items like oil, sugar, tea, soap, washing powder, lentils, biscuits, toffees, eggs, etc. Her husband is a mason who always used to move outside for his work. So Manjulata manages her house as well as the business. Her net monthly income from the existing business is 4,000 INR. Out of this income, she barely manages her business as well as her household expenses. Manjulata purchases stock for her business on a weekly basis from the wholesalers in the nearest town, which is 15 kms away. She wants to increase her stock with this second loan of 14,000 INR by purchasing items like lentils, soap, biscuits, spice items, etc. Manjulata hopes this will help her to increase her income and realize her dreams by constructing a permanent cabin for her business and providing a better education for her children. The other five borrowers in the group are Surudei, Nilendri, Minakhi, Banti and Binodini, who have a puffed rice business, a fish vending business, a tailoring center, a fast food center and a vegetable vending business, respectively