A loan of $3,050 helped a member to purchase more stock of oil, dough, sugar, etc.

Jay Sriram Group's story

In the year 2010, five women from M. Rampur town in the Kalahandi district of Odisha, India formed a group named Jay Sriram to take a loan from Mahashakti Foundation and expand their businesses. Tapaswini, the head strong lady, is one of them. The lady standing on the extreme left in the photo raising her hand is Tapaswini. She is 30 years old and lives with her husband and two-year-old daughter.

Tapaswini has been running a Tiffin stall for the last 10 years with the hand holding support of her husband. Initially, Tapaswni started this business with her small investment. Gradually she developed her Tiffin stall business with the loan support from Mahashakti Foundation. As of today, she has taken three loans from Mahashakti and successfully expanded her business. The sweet items from her stall are very popular in the locality. Tapaswini gets a monthly income of 7,000 INR from the business. Out of this income, she is barely able to manage her household expenses along with her business expenses. So she wants to expand her business by taking a loan from Mahashakti Foundation. From the present loan of 36,000 INR, Tapaswini wants to purchase more stock of oil, dough, sugar, etc. This will help her to reduce her purchasing and transportation costs as she has to replenish her stock frequently. She also wants to use some portion of the loan to repair her Tiffin stall. Tapaswini hopes to save enough to build a good house of her own and give a better education to her only girl child.

The other four members of the group are Damayanti, Smitarani (who is running a daily needs and betel shop), Gayatri (who is running a medicine store) and Pankajini (who is running a barber shop).

In this group: Damayanti , Smitarani, Tapaswini, Gayatri , Pankajini

Loan details

Lenders and lending teams

Loan details