A loan of $1,225 helped a member to purchase bangles.

Mahalaxmi Group's story

Bhodebi is an active married lady who is 25 years old and a permanent resident of a rural village called Luthurbandh in Titilagarh block of Boalngir district of Odisha, India. Bolangir district is one of the underdeveloped areas of Odisha with 80% rural population. The young lady sitting in the first row with her hand raised is Bhodebi. She resides with her husband, two sons who are four and two years old, and her father and mother in-law. To increase the income of her family, in the year 2010, Bhodebi, along with four like-minded women of her village formed a group named Maha Laxmi and received a loan from Mahashakti Foundation.

Bhodebi and her husband run two businesses. Her husband manages a betel nut shop in the market area of her village and Bhodebi runs a general fancy store with fancy items like bangles, talc, plastic items, cosmetics, ornaments etc. in her house. Prior to this business, Bhodebi’s husband was running a well-established general store in the market yard. But due to jealousness of some of the vested interest people in her village, her husband was forced to close the business. During that period, her family was leading a very pitiful life due to acute financial problems. This situation compelled her to find ways and means to maintain her family. So Bhodebi, in consultation with her husband, mortgaged her gold ornaments for 10,000 INR and started the fancy store with a low profile. Now her fancy store is running well. Bhodebi brings stock from different towns. Presently, she is selling fancy items worth 300 INR to 500 INR per day from which she gets 15 to 20% profit. From this small income, she barely manages her family's expenses. So she wants to increase the volume of her business to increase the income. From this loan of 10,000 INR, Bhodebi wants to invest the entire amount to purchase different varieties of bangles

Bhodebi is confident enough to have a business of her own and hopes to give a better education to her two sons.

The other four energetic group members are Manjulata, Bhubaneswari, Bhaktilata and Puspanjali who are running a stationary store, and egg center, a footwear center and a puffed rice business, respectively.

In this group: Manjulata, Bhubaneswari, Bhaktilata, Puspanjali, Bhodebi

Loan details

Lenders and lending teams

Loan details