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Padmalaya Group
In this Group: Sabitri, Santoshini, Lochana, Sabita
The name of this group is Padmalaya. This group was formed in the year 2008 by four women members of the Below Poverty Line category from the village Torli in the district of Nuapada in Odisha, India. Nuapada district is one of the poorest districts in India.

Santoshini is one of the members of this group. She is standing second from left in the photo. She is very shy by nature but has a strong determination for the development of her family. She is 35 years old, living with her husband, one baby son and three daughters, ages 10, 7 and 3 years old. Her two daughters are attending school in the same village. She has a little patch of land where her husband cultivates vegetables.

Santoshini is running a milk business with three cows. She purchased two cows – one from each of two previous loans from Mahashakti Foundation. Santoshini is getting 15 liters of milk per day. Her husband supplies this milk to a Tiffin hotel in a nearby town. Her family earns 5,000 Indian rupees (INR) per month from the present milk business. To maintain a family of six members along with maintenance of the cows, the present income is insufficient, and Santoshini is facing lots of financial trouble. So, as there is growing demand for milk in the locality, she has planned to utilize the present loan for purchasing another cow of improved variety to add some extra income for her family.

Santoshini is very much thankful to Mahashakti Foundation for her growth. She says this will help her to earn some extra income and save some money to provide better education for her children. Santoshini also has a dream of developing a dairy farm in the future and constructing a cow shed.

The other three members of this group are Sabitri, Sabita and Lochana. They run a cloth business, electrical motor winding center and grocery shop.

Additional Information

More information about this loan

Mahashakti Foundation focuses its work in some of the most underdeveloped districts in Odisha, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for women living in some of India's poorest and most remote areas.

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
  • 109
    View loans »
    India Loans Fundraising
  • $6,147,900
    Funds lent in using Kiva
  • 52.7
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Padmalaya Group's $1,975 loan helped a member to pay for purchasing a cow of improved variety.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 20, 2012
Nov 12, 2012
Currency Exchange Loss: