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Nitaigour Group
In this Group: Mahima, Sanjukta, Bilasini, Damani, Harapriya, Usha*
* not pictured
Sanjukta, the lady standing on the extreme right with a smiling face in the photo, is a married woman of 33 years old. She lives in M.Rampur village of Kalahandi district of Odisha, India with her husband, one son of seven years and a daughter of four years. Both of her children are continuing their studies in her village. Her husband is a farmer who cultivates paddy (rice), black gram (lentils), and green gram on two hectares of farmland which is the primary source of income of her family.

To add more income to the family, Sanjukta has also been running a dry foods selling business for last 10 years. To set up her business in the year 2009, Sanjukta formed a joint liability group of six members named Nitaigour by taking a loan from Mahashakti Foundation. In the meantime the group of Sanjukta has accessed a loan thrice and has successfully developed their businesses.

This time Sanjukta has taken a top-up loan of 2,400 INR to purchase a cook stove being promoted by Mahashakti Foundation. The salient features of this cook stove are that it is smokeless, fuel saving up to 50% and time saving which will indirectly help for the protection of the environment. Sanjukta thinks this product will be very helpful for her to provide extra time for her business and save some money. Sanjukta hopes to give better education to her children.

With the motivation of Sanjukta the other five members of her group named Mahima, Bilasini, Damani, Harapriya and Usha have also purchased one cook stove each from the present loan.

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
  • 106
    View loans »
    India Loans Fundraising
  • $6,147,900
    Funds lent in using Kiva
  • 54.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Nitaigour Group's $275 loan helped a member to pay for purchasing a cook stove.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 25, 2013
Apr 27, 2013
Currency Exchange Loss: