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Maa Mangala Group
In this Group: Nurjahan, Saraswati, Baidehi, Nirasha
In the year 2010, four active women entrepreneurs in Bolangir town in the Bolangir district of Odisha, India formed a group named Maa Mangala to access loans from Mahashakti Foundation to expand their existing businesses. Nirasa is one of these women. The lady standing second from left, wearing a red shawl in the photograph, is Nirasa. Nirasa, 32 years old, is a very energetic lady who lives with her husband, one son who is 13 years old and one daughter who is 7 years old. The children are continuing their studies in the local school.

Nirasa has been running a general store in the heart of the town for the last two years with the help of her husband. She sells items like biscuits, dust tea, oil, shampoo, toffee, and grocery items. She has been able to increase the variety of items in her general store by taking her first loan from Mahashakti Foundation. Her daily net income from the existing business is around Rs 400/-. With this income, her household expenses are in a deplorable state. Nirasa purchases items from the local wholesaler twice a week. With the present loan, Nirasa wants to increase her stock by purchasing items like lentils, oil, soap, washing powder, shampoo etc. for her general store. This will help her to increase her income and reduce the purchasing costs as she replenishes her stock frequently. Nirasa hopes to save enough money to provide a better education to her children.

The other three members of the group are Nurjahan, Saraswati and Baidehi. They run a water servicing center, sell vegetables at wholesale and run a Tiffin (lunch) pushcart.

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
  • 7
    View loans »
    India Loans Fundraising
  • $6,682,200
    Funds lent in using Kiva
  • 55.0
    India Rupees (INR) = $1 USD

Success!! The loan was 100% repaid

A portion of Maa Mangala Group's $1,975 loan helped a member to purchase lentils, oil, soap, washing powder, shampoo, etc.
100% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 20, 2012
Nov 19, 2012
Currency Exchange Loss:
Apr 7, 2016