A loan of $2,000 helped a member to pay for purchasing chilly, coriander, cumin seed, garlic, etc.

Maha Shakti Group's story

In the year 2010, four women from Ranipur village of Khariar block of Nuapada district in Odisha, India, formed a group named Maha Shakti to access a loan from Mahashakti Foundation and expand their business. Belmati is one of them, the lady sitting second from right in the photo, raising her hand. Belmati is a poor lady who lives with her husband, one son, and two daughters. Her family belongs to a Below Poverty Line (BPL) category. The Government have provided a house to her under Indira Awash Yojana (Housing Scheme).

Belmati has been running a spice items vending business with items like chilly, cumin seeds, coriander, turmeric, garlic, etc. for the last 10 years. Her husband goes to six weekly markets of her locality every week with bulk of items on a moped and sells in the market. Her monthly income from the existing business is Rs.3000. Out of this income she can hardly manage her household expenses. She wants to increase the stock of her business, so the loan amount will be utilized to purchase items like chilly, coriander, cumin seed, etc.in bulk to keep the business stocked for a month. This will help her to reduce her purchasing and transportation costs as she will replenish her stock frequently from the nearest market and she can add a substantial income to her present income.

Belmati hopes to purchase a bike to run her business smoothly with sufficient items and to build a house. The other three members of the group are Deimati, Bela and Rekha who are running a general grocery shop and vegetable vending businesses.

In this group: Deimati, Bel, Rekha, Belmati

Loan details

Lenders and lending teams

Loan details