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Maa Tarini Group
In this Group: Hemalata, Aneli, Pramila, Gomati
Maa Tarini, a Joint Liability Group, was formed in the year 2009 by four active women of Khariar town of Nuapada district in Odisha, India. Hemalata is one of the members of this group, standing second from the right with raised hand. She is 38 years of age and lives with her husband, one son of 18 years and one daughter of 15 years.

Hemalata is running a business of milk-selling with five milking buffaloes and her husband is running a daily needs store with items like bread, jam, soap, shampoo, toothbrushes, toothpaste, cold drinks etc. From their two businesses they earn a monthly income of 10,000 INR. The daily needs store of Hemalata’s husband in a center point of the town and for his good behavior, people like to purchase from his store. But due to financal problem he could not meet the demand of the customers. Therefore, Hemalata is helping her husband by taking loan from Mahashakti Foundation. From the previous four loans, her husband has been able to keep stock of the daily needs items and trying to fill the demand of the customers.

From the present loan Hemalata wants to purchase stock of bread, jam, soap, shampoo, toothbrushes, toothpaste, cold drinks, etc. for her husband’s business. From this investment she expects a good return for the total development of her business. With this extra income she is planning to repair and renovate her buffalo shed.

Hemalata hopes to develop her daily needs shop into a wholesale store. The other three members of this group are Pramila, Aneli and Gomati who are running a general grocery shop, a fancy store, and mobile phone repairing and selling center respectively. The group members are thankful to Mahashakti Foundation and KIVA for the continuous support.

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 India

  • $4,000
    Average annual income
  • 92
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 61.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Tarini Group's $2,625 loan helped a member to pay for purchasing of bread, jam, soap, shampoo, toothbrushes, toothpaste, cold drinks, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jul 31, 2013
Aug 10, 2013
Currency Exchange Loss: