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Maa Tarini Group
In this Group: Laxmi, Pramila, Puspa, Babi, Arati
Maa Tarini is a Joint Liability Group formed by five active women of Bhawanipatna town in Kalahandi district of Odisha, India.

Laxmi, standing on the left and raising her hand, is the featured member. She is 32 years old and lives with her husband, one daughter, age 16, and two sons, 12 and 7.

Laxmi has been smoothly running a tea stall with snacks for last five years in her locality with the help of her husband. She is energetic and hard working. Usually Laxmi does the household work and in her leisure time she helps her husband in running the tea stall. Her monthly net income from the present business is round 8,000 INR.

With the present income she is unable to provide better education for her children and unable to save money for the marriage of her grown daughter. So with the present loan, Laxmi has planned to enhance her business by purchasing a refrigerator to keep cold drinks, soda and other daily needs as per the demand of the customers. She has a dream to provide better education for her children and marry her daughter in a respectable family.

The other four members of her group, Arati, Pramila, Puspa and Babi, are running a cycle repairing centre, a tiffin (lunch) stall, a betel nut shop and an auto repairing centre respectively.

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
  • 54.4
    India Rupees (INR) = $1 USD