A loan of $1,050 helped a member to pay for purchasing sugar, vegetables, oil, noodles, potatoes, onions, dough, etc.

Sai Ram Group's story

Banita is a married woman, 28 years old, who lives in a remote rural village named Barpadar, in the Nuapada district of Odisha, India. The lady sitting in the middle with raised hand is Banita. She lives with her five-member family consisting of her husband and three daughters of 9, 6 and 3 years of age. Her two elder daughters are continuing study in school. She has a very shy nature and always devotes her efforts to getting her family ahead.

For the last five years, Banita has been running a general grocery shop in her house. Initially she started the business in a low profile with limited items like potatoes, soap, sugar, tea dust, tobacco, chocolates, etc. Gradually she expanded her business and added extra items regularly.

Due to her good behavior, her business has gradually grown and become established. This year, Banita joined a group of her village named Sai Ram with the existing four members to avail loans from Mahashakti Foundation for expanding her existing business. All members of this group hail from poor backgrounds in the below poverty line category.

Now Banita is earning 100/200 INR daily from her business. Banita wants to keep more stock for her shop but, due to financial scarcity, she is not able to this. So from this first loan from Mahashakti Foundation, she has planned to buy merchandise for her business such as sugar, vegetables, oil, noodles, potatoes, onions, dough, etc. in bulk. She expects to increase her sales and thereby her income, which will serve to ensure the education and welfare of her children.

Banita hopes to build a permanent cabin in the center of her village for running her business. She also hopes to provide better education to her children.

The other four members of the group are Latika, Premsila, Sundari and Kalpana, who are running a spice business, a shop and washing powder vending business, a vegetable vending business and a vegetable cultivation business, respectively.

In this group: Kalpana, Sundari, Premsila, Latika, Banita

Loan details

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Loan details