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Jaya Ram Group
In this Group: Basanta, Udia, Sushama , Balamati, Tarulata, Subidha
Mahulpada village in the Bolangir district of Odisha, India is a remotely located rural village. In this village, there is a separate hamlet called the Mahar community. The main source of livelihood of this community is weaving bamboo baskets. In the year 2010, six poor, illiterate rural women of this hamlet formed a Joint Liability Group named Jaya Ram with the objective of taking a loan from Mahashakti Foundation for the overall development of their family and the improvement of their existing businesses. Basanta, about 43 years old, is the featured member who is sitting in the middle with her hand raised. She is married and resides in a small hut with her husband, one son age 15 and one daughter age 12. Her children are continuing their studies. All members of this group belong to a very poor background far away from all basic needs like education, shelter, health facilities etc.

The business of Basanta (weaving bamboo baskets) is a traditional business in her community. Basanta and her husband do the processing work and weave baskets of different shapes and sizes. They sell their products in the nearest weekly market in their town. Some traders also regularly come to this village to purchase bamboo products. Basanta earns a monthly profit of Rs 2,000/- from her business. As there is a growing demand for these products to supply to various parts of the country, Basanta wants to purchase more raw bamboo with this loan amount to work for a longer period without any interruption for more output. This will help her to earn some extra income to manage the family smoothly. Basanta hopes to construct a house in the near future.

The other five members of the group are Udia, Sushama, Balamati, Tarulata and Subidha who are doing similar businesses.

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
  • $6,681,725
    Funds lent in using Kiva
  • 54.8
    India Rupees (INR) = $1 USD