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Maa Bangarama Group
In this Group: Majhimani, Indrama, Cinnami, Mini
Maa Bangarama JLG was formed in the year 2013 by four active but poor tribal women of Basuguda village of Rayagada district of Odisha, India in order to access a house repair loan from Mahashakti Foundation. Majhimani, the group leader who is standing on the extreme left with raised hand in the photograph took the leadership and the initiative to contact Mahashakti Foundation for the same.

Majhimani is 45 years old and lives with her husband, three sons of 25, 20 and 15 years and one daughter of 13 years. Along with household work, Majhimani is running a business of milk selling. She purchased a cow from her previous loan from Mahashakti Foundation. Her husband and two sons work in a papermill as daily wage earners. Her younger son does the cultivation work and her daughter helps her with household work. Her family has a monthly income of 6000 INR which is hand to mouth for her.

In this situation Majhimani has not been able to construct a suitable house for her family. So from the present house repair loan, Majhimani wants to purchase cement, bricks and other house-building materials for renovate her existing house and extend out another room for her family. Majhimani dreams to help her children get married in a respectable manner. The other three members of the group are Indrama, Cinnami and Mini, who are also planning to repair their houses.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About India

  • $4,000
    Average annual income
  • 75
    View loans »
    India Loans Fundraising
  • $6,089,250
    Funds lent in using Kiva
  • 55.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Bangarama Group's $1,025 loan helped a member to pay for purchasing bricks, cement, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
May 8, 2013
May 24, 2013
Currency Exchange Loss: