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Maa Hingulai Self Help Group
In this Group: Banita, Jhuna, Tuni, Ahalya, Naranga, Renehi, Chabi, Manju, Sumati, Rankana
Maa Hingulai Self Help Group consists of 10 members, all of whom are women. These entrepreneurs are very humble, hardworking and responsible people with good manners and lots of enthusiasm. They work together to improve their lives. One of them is Banita who was selected as their president. Banita is a 22-year-old lady living with her husband and her only child. Her husband works as a laborer in a factory situated near her village. She runs a variety shop to help her husband financially. She sells betel, grains, lentils, spices, biscuits, soap, detergent, hair oil, etc. in her shop. She has developed a very good relationship with her customers in the village. She likes the fact that she can cater to the needs of the people in her village. Banita has a plan to make her shop bigger and keep multiple things in her shop to meet her customers' demand. She also wants to purchase items for her shop in bulk, directly from the wholesalers. For this she has requested a loan to purchase items like toothbrushes, toothpaste, soft drinks, wheat flour, rice and other household consumables. Banita, along with her group members, has requested a loan amount of 1,00,000 INR

Additional Information

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 People's Forum

People’s Forum is a development organization based in Odisha, India that provides affordable loan products and support services to women. The organization distinguishes itself by reaching out to particularly marginalized groups, including leprosy-affected families, widows, single mothers, and disabled persons. People’s Forum will harness Kiva’s flexible, zero-interest capital to serve even more borrowers in one of the poorest regions of India.

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 India

  • $4,000
    Average annual income
  • 118
    View loans »
    India Loans Fundraising
  • $6,155,000
    Funds lent in using Kiva
  • 59.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Hingulai Self Help Group's $1,700 loan helped a member to purchase toothbrushes, toothpaste, soft drinks, wheat flour, rice and other household consumables for her shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jul 11, 2013
Aug 4, 2013
Currency Exchange Loss: