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Naba Durga Group
In this Group: Sabitri, Sudha, Puspanjali, Sudhansubala, Mauna
In 2009, Naba Durga, a Joint Liability Group, was formed by fiver active and energetic women from Lachhipur village in the Nuapada district in Odisha, India with the objective of adding some extra income to their family by taking out a loan from Mahashakti Foundation. Mauna is one of them. The lady standing second from right with her hand raised is Mauna. She is 45 years of age and a very hardworking lady living with her husband, one son aged 24, and one daughter aged 20.who have, after finishing 10th standard schooling, been helping their parents.

Mauna has been running a dairy farm with five buffalos for the last 12 years. Her husband and son help her in nurturing the buffalos and the milk supply. The primary work of Mauna is to clean the buffalo shed every morning and keep the shed clean. Mauna gets 15 liters of milk daily and supplies it to a sweet stall in a nearby town. She gets payment from the stall owner on a weekly basis. Apart from the milk, she also extracts cheese, curd and ghee from the milk, which fetches extra income for her. Mauna earns a monthly net income of 6,000 Indian Rupees (INR) but it is not sufficient to manage her household expenses along with the fodder expenses for her buffalos. Therefore, to earn some extra income, Mauna has planned to utilize the present loan to purchase another two buffalos of an improved variety. Mauna has a dream of saving some money for the marriage of her daughter and son and to construct a house. The other four members are Sabitri, Sudha, Puspanjali and Sudhansubala and they are have businesses like a dairy farm, a fancy store, and a general grocery shop, 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
  • 92
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 54.5
    India Rupees (INR) = $1 USD