Funded

Total loan: $875
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Sai Shakti Group


A loan of $875 helped a member to purchase more scrap.


Sai Shakti Group's story

Ch.Ramadevi lives in the small village of Bissam Cuttack in the district of Rayagada, Odisha, India. She is a headstrong and confident lady. She hails from a poor family below the poverty line. The lady standing extreme left in the photo raising a hand on her grinder is Ch.Ramadevi. She is 35 years old and lives with her husband and two daughters, age 18 and 16 years. Ch.Ramadevi has been running a scrap trading business for the last five years with the hand-holding support of her husband. She has also a grinding machine in her house. Ch.Ramadevi gets a monthly income of INR 8,000 from the above businesses. Out of this income she hardly is able to manage her household expenses, and she has not been able to save for her daughter’s marriage and future uncertainties. In the year 2011, Ch.Ramadevi, along with three other women, formed a group named Sai Shakti to avail loans from Mahashakti Foundation to expand their businesses. Now she wants a second cycle loan for purchasing more scrap for the improvement of her business. In future, she wants to have her daughter married in a respectable family of her locality and in a befitting manner. She also wants to establish a hotel in future.

The other three members of the group, Sapna, Sasmita and K.Kameswari, need loans for a fast food stall and tiffin (light meal) business, a leaf plate making and selling business, and a goldsmith business, respectively.

In this group: Ch.ramadevi, Sapna , K.kameswari, Sasmita
*not pictured



Loan details

Repayment schedule: At end of term
Disbursed date: July 30, 2013
Facilitated by Field Partner: Mahashakti Foundation

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: July 30, 2013
Facilitated by Field Partner: Mahashakti Foundation