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Maa Pendrani Group
In this Group: Sabana, Nimandri, Nasira, Kamalini
Sabana, aged about 45, is the group leader of this four-member joint liability group (JLG), which is named Maa Pendrani. The group is based in Khariar town, which is situated in Nuapada district of Orissa state in India. Sabana is a very active lady who wants some extra income out of her own efforts. This is her second loan from Mahashakti Foundation. Her husband has a mutton shop where Sabana invested her first loan. But when she saw other women in her group earning their own income, she decided to start a new business of her own. So when she took her second loan, she started a home shoppe with ladies' items like Bengal and other fancy materials.

The other three members of her group are Nasira, Nimandri, and Kamalini. Nasira and Nimandri have their own tailoring shops. Four years ago, they had started these businesses at a small scale with one sewing machine each. After the intervention of Mahashakti Foundation, they took three loans, invested properly, and now they have developed their businesses by adding extra sewing machines, pico machines, and interlock machines. They are earning a lot. Now, the two active ladies have employed three to four workers in their tailoring shops to help them in their business. In the locality, they have earned a lot of name and fame for sewing ladies' garments. By taking the present loan, they have planned to purchase some raw materials for their businesses as well as to improve their husbands' businesses by purchasing ready-made garments and grocery items. They want to earn some extra money for the educational development of their children. Kamalini, another member of the group, also wants to help her son’s electrical shop by taking this loan. As per the loan requirements of the clients and as per the loan appraisal , an amount of Rs.132,000 INR is required for the group.

This is a four-year-old JLG with 100% on-time repayment. The members of this group are very active and playing a vital role in the financial and overall development of their families.

Additional Information

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
  • 62
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 56.1
    India Rupees (INR) = $1 USD