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Sibasakti Group
In this Group: Sumati, Padmini, Bhagya, Dalimba
Sibashakt is a Joint Liability Group located in Duajhar village. Duajhar is a rural village in the Nuapada district of Odisha, India. The group was formed in the year 2009 and consists of four women members who belong to the BPL (Below Poverty Line) category. Dalimba, sitting second from left with her hand raised in the photograph, is one of the members. She is 32 years old and lives with her husband, one son of 13 years and one daughter of 9 years who are studying in standard 8th and 5th, respectively, in the school in her village.

Dalimba has been running a photography and video shooting center in a small rented cabin in her village for the last 11 years with the help of her husband. Apart from this business, her husband is also running a photocopy center in another location. Presently, Dalimba has a computer system, three small digital cameras and two normal video cameras for her business. In the absence of her husband, Dalimba also manages the photo studio. Apart from indoor service, her husband attends outside calls from various social festivals, government programmes and other functions for photography and video shooting. Dalimba earns 6,000 – 7,000 INR per month. This is the fourth loan for Dalimba from Mahashakti Foundation. With the previous three loans, she has added some new assets to help her business. Dalimba says with the first loan, she purchased a screen and a focus light and decorated her studio. With the second loan, she purchased a video camera and with the third loan, her husband purchased a bike to help him in his mobility for outdoor video shooting. This gradual development helped her to increase her income. Presently, Dalimba is earning a monthly income of 6,000 to 7000 INR per month. But this amount is also not sufficient to meet her expenses like house rent, the educational expenses of her children and payment of the workers. So she is planning to increase her income by adding some more assets to her business. With the present loan, Dalimba is planning to purchase another computer and a video camera for expansion of her business. Dalimba's location has a great potential for her business but, due to the shortage of space, she is not able to expand it the way she wants. Dalimba dreams of constructing a photo studio of her own in a central place and giving a better education to her children.

The other three members of her group are Bhagya, Padmini and Sumati who are doing a fruits and daily need business, a puffed rice business and a general grocery shop with fruits shop and paddy business.

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
  • 73
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 54.5
    India Rupees (INR) = $1 USD