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Jay Maa Santoshi Group
In this Group: Chitra, Rukmani, Baidehi, Jamuna, Sakuntala
Chitra, the leader of Jay Maa Santoshi group, is a permanent resident of Tukla village of Nuapada district in Orissa state of India. She is a married woman who is 36 years of age. She has a small family comprising four members, including one daughter and one baby son.

In December 2008, Chitra, along with three other members named Jamuna,Rukmani and Sakuntala of her village, formed a joint liability group (JLG) named Jay Maa Santoshi and took the first loan from Mahashakti Foundation for development of their existing business. The same group also availed the 2nd term loan from Mahashakti Foundation. During third term loan Chitra was dropped from the group due to her personal problem and a new member named Baidehi joined with other existing three members. In the present term Chitra again rejoined the group and took the leadership. This is the third loan of Chitra from Mahashakti Foundation. Initially, her husband was running a mobile garment shop at the time she took the first loan, used to attend weekly markets of nearby villages to sell clothes. Out of their small income, they are maintaining their family at a low profile. To improve her living condition and to earn some extra income, she took out a second loan and constructed a cabin in her house and started selling ready-made garments. Now she is very much confident in running her business and has developed her clothing shop significantly.

The other four members of the group are Rukmani, Jamuna and Sakuntala with 4th term loan and Baidehi with 2nd term loan. They are also running similar types of businesses. Rukmani and Jamuna have their mobile cloth vending unit, Baidehi has a cloth weaving unit, and Sakuntala has a tailoring and dress materials cloth shop. At present, Sakuntala employs three youths to help in her business.

All members of the group are successfully running their businesses and have been able to repay their previous loans from Mahashakti Foundation completely and in due time. Due to the successful running of their businesses, the members have been able to increase their income levels, thereby increasing the volume of their business. This enhancement in income level has also helped the group members to possess different household assets for their families. Now they are sufficient enough to educate their children in the school of their locality.

As per the estimation and appraisal, the loan requirement of the group is 156,000 INR.

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
  • 97
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 56.1
    India Rupees (INR) = $1 USD