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Mahalaxmi Self Help Group
In this Group: Jhunu , Tikina , Rasmita , Mini , Mami , Pramila , Urmila , Jhunu , Risma , Mamata , Agani , Purnima, Sukanti , Jharana
The Mahalaxmi Self Help Group is a group of 14 women all living in the city of Balugaon, Odisha, India. Balogaon being only 1 km away from Chilika Lake, villagers rely heavily on the lake for fishing and other seafood related industries.

Standing in the middle in a red and yellow sari with her hand on her hip, Jhunu is the president of the group. Jhunu lives with her fisherman husband. Jhunu and her self help group members request a loan of Rs 210,000 to purchase fishing nets, iceboxes for fish storage, and preservatives to keep the fish fresh. The women also prepare dried fish along with fresh fish to sell in the local markets.

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 People's Forum

People’s Forum is a development organization based in Odisha, India that provides affordable loan products and support services to women. The organization distinguishes itself by reaching out to particularly marginalized groups, including leprosy-affected families, widows, single mothers, and disabled persons. People’s Forum will harness Kiva’s flexible, zero-interest capital to serve even more borrowers in one of the poorest regions of India.

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
  • 90
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 53.4
    India Rupees (INR) = $1 USD

Success!! The loan was 100% repaid

A portion of Mahalaxmi Self Help Group's $3,950 loan helped a member to pay for fishing nets, iceboxes and preservatives.
100% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 10, 2012
Oct 24, 2012
Currency Exchange Loss:
Mar 16, 2016