Total loan: $2,275

Balaganapati Group

Flag of India
Bhawanipatna,Kalahandi,Odisha, OD, India / Food

Balaganapati Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to purchase rice, oil, soaps, washing powder, sugar, tea, potatoes, onions, wheat, gram, ground nuts, and different varieties of ready-made snacks.

Balaganapati Group's story

Balaganapati Group started in the year 2015 at Naktiguda, Bhawanipatana, of Kalahandi district, Odisha, India. There are ten active, self-dependent women, with an objective for developing their existing businesses as well as their livelihoods. All the members of this group have their own profession and business.

Ranjukta is one of them who has taken a great role in her development and their group members’ source of revenue improvement. She is sitting in the first row as the middle person with a raised hand in the photo. She is about 27 years old and living with her small family: her husband and only one son.

Ranjukta has been engaged with a grocery shop beside her own home in Naktiguda for the last ten years. Her husband is also helping her to promote the business. Through this business, she earns a monthly income of 10,000 INR. Her opinion is that, from this small income, it is very difficult to maintain her family in this current market situation. After that, to get sufficient surplus to reinvest in the business is practically impossible. So, Ranjukta formed a group for strengthening social relations and to access a loan for the expansion of her business.

She planned to purchase a huge quantity of grocery items and other related items from the wholesaler. She hopes to get more and more profit from her business expansion and save money for construction of her own house, and wishes to enroll her son in a public school for better education.

The other nine members of the group are also smart at their professions and also are actively engaged with different professions, like a grocery shop, daily needs and cosmetics shop, rice business, tailoring, hotel, bookstore, and coloring & painting items shop. With this loan, they also hope to make their livelihoods better.