A loan of $900 helped a member to pay for procurement of paddy and pulses.

Thakurani Group's story

Taruni is an active married lady, age 45, and a permanent resident of a rural village called Luthurbandh in Titilagarh block of Bolangir district of Odisha, India. Bolangir district is one of the underdeveloped areas of Odisha with 80% rural population. The lady sitting second from right with a raised hand is Taruni. She lives with her husband and four sons, ages 27, 24, 21 and 18 years. To increase the income of her family, in the year 2011, Taruni along with four other like-minded women from her village formed a group named Thakurani and availed a loan from Mahashakti Foundation.

Taruni is running two businesses. One is procurement of seasonal agricultural products like paddy, pulses, etc., and selling them in the market at a higher price. Another one is a milk business. The husband of Taruni goes from market to market and procures the products. Taruni helps her husband to stock the materials in their residence. She also does her milk business from her house.

Taruni earns a monthly income of 6,000 Indian rupees from the present business. From this small income, she can hardly manage her family's expenses. So, she wants to increase the volume of her business to increase her income. Taruni wants to invest the entire loan amount in the procurement of agricultural products. This will help her to make some extra income in the pick period. Taruni hopes to construct a house and get marriages for her sons.

The other three active group members are Mira, Kabita and Bhumisuta, who are doing dry fish, tailoring and fancy item vending businesses respectively.

In this group: Taruni, Mina, Kabita, Bhumisuta

Loan details

Lenders and lending teams

Loan details