Funded

Total loan: $1,025
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Maa Mangala Group


A loan of $1,025 helped a member to purchase yarn.


Maa Mangala Group's story

In 2010, four women from Bhuliasikuan village located in the Khariar block of Nuapada district, one of the poorest regions in India, stepped out and decided to build a secure future for their family by sharing the burden of the family with their husbands. They formed a group named Maa Mangala (named after a Hindu goddess).Chanchala is standing to the extreme left in the photo. She is 40 years and lives with her husband, father in-law and mother in-law. Chanchala hails from a Below Poverty Line family. For the last 20 years, Chanchala has been running a cloth weaving business with her husband. She has one weaving set. Her husband purchases the yarn/thread for weaving saris from a trader in a village 20 kms away. A bundle of thread produces 80-100 pieces of saris and costs around 10,000-15,000 rupees. Chanchala does the initial processing of the thread to make it ready for weaving. After that, her husband fits it to the weaving machine and starts the weaving work. Chanchala’s husband works around 8-10 hours a day and weaves a single piece of sari. On a weekly basis, Chanchala sells saris to the local traders in her village. She earns a monthly income of Rs 3, 000, which is not sufficient to maintain her family. Chanchala wants to buy thread/yarn in bulk with the loan. Purchasing more stock at one time will help her to reduce the purchasing cost of the raw materials. Chanchala wants to increase her business and save enough to complete the construction of her house.

Upama, Ujal and Bhanumati are the three other members of the group who are running a general grocery shop and a cloth weaving business, and getting support from their husbands for the over all development of their families.

In this group: Upama, Ujal, Chanchala, Bhanumati
*not pictured



Loan details

Repayment schedule: At end of term
Disbursed date: September 5, 2012
Facilitated by Field Partner: Mahashakti Foundation

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: September 5, 2012
Facilitated by Field Partner: Mahashakti Foundation