Funded

Total loan: $1,225
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Maa Mangala Group


A loan of $1,225 helped a member to purchase electrical items like bulbs, tube lights, frames, holders, sockets etc.


Maa Mangala Group's story

In the year 2010 five women from Bhawanipatna of Kalahandi district in Odisha, India formed a group named Maa Mangala to access a loan from Mahashakti Foundation and expand their business. Bimala is one of them. The lady standing on the extreme right with a yellow color sari in the photo raising her hand is Bimala. She is 46 years old and lives with her husband and two sons aged 23 & 20. Her two sons are helping Bimala in running the business.

Bimala has been running an electrical goods selling business for last 10 years. Her elder son supplements in her business. She sells electrical goods like bulbs, wire, tube lights, frames, holders etc. Bimala was able to increase the variety of items at her electrical shop with the previous two loans from Mahashakti Foundation and increase her cash flow. Her monthly income from the existing business is 6,000 Rupees. Out of this small income she is hardly managing her household expenses.

As per the statement of Bimala she was able to increase the variety of items in her shop but not the inventory. She wants to increase stock of her business. This is the third loan for Bimala and from this loan amount she is planning to purchase electrical items like bulbs, tube lights, frames, holders, sockets etc. This will help her to reduce her purchasing and transportation costs as she will replenish her stock frequently. Bimala hopes to save enough for building a permanent house. The other four members of the group are Bijayalaxmi, Chandrakanti, Ratni and Malati who are running fast food center, tea and tiffin stall, tiffin hotel and betel shop respectively.

In this group: Bijayalaxmi, Ratni, Chandrakanti, Bimala, Malati
*not pictured



Loan details

Repayment schedule: At end of term
Disbursed date: May 8, 2013
Facilitated by Field Partner: Mahashakti Foundation

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: May 8, 2013
Facilitated by Field Partner: Mahashakti Foundation