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Maa Bhagawati Group
In this Group: Rupa, Saraswati, Sabitri, Runu, Minati, Sabitri
The name of this Joint Liability Group is Maa Bhagawati. This group was formed in the year 2009,comprising six active and able women of Bolangir town of Bolangir district in Odisha; India. Saraswati is one of the members of this group who is standing on the extreme left with raised hand in the photo. She is a very headstrong, confident lady with noble thoughts and posseses a strong determination for the development of her family. She has also an inclination to do something for society especially for women. She is 45 years old; living with her husband and a son of 23 years old, taking technical training in ITI. (Industrial Training Institute)

Saraswati has been involved in tailoring work for the last 10 years. She is doing two types of work related to tailoring. She herself has a sewing machine in her residence to take orders of stitching of ladies' garments. Apart from that she is running a tailoring training center with 3 sewing machines in another location. Presently she is imparting training to 20 young girls in two shifts. The 1st shift is from 8.00 am to 10.00 am and the 2nd shift from 4.00 pm to 6.00 pm. There is also demand from candidates for training but due to lack of sufficient infrastructure she is not able to train them.

Looking into the demand for training, Saraswati wants to purchase another 2-3 sewing machines and an interlock machine for the training center. Saraswati says, “It matters little how much money I am earning from imparting training to the trainees, but matters if somebody builds her career for an improved livelihood in a respectable manner.” Saraswati is well known as a ladies' garments specialist in her locality.

The other five members of this group are Minati, Runu, Sabitri (M), Sabitri (P) and Rupa who are running a cloth business, a daily needs shop, a 'Tiffin hotel' and a rice business.

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
  • 3
    View loans »
    India Loans Fundraising
  • $6,681,725
    Funds lent in using Kiva
  • 53.0
    India Rupees (INR) = $1 USD