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Baba Biswakarma Group
In this Group: Jayamala, Gunjamati, Ahalja, Harabati
In 2009, four women from Bhuliasikuan village located in Nuapada district of Odisha, India, stepped out and decided to build a secure future for their families with their contributions. They formed a group named Baba Biswakarma to access credit from Mahashakti Foundation for development of their existing businesses. Prior to this loan, the members have already taken their 4th loan from Mahashakti Foundation and have visibly developed their businesses with 100% repayment.

Jayamala is the one standing third from the right with her hand raised in the photo. She is 46 years old and lives with her husband, two sons of 28 & 22 years and one daughter of 25 years of age. Jayamala hails from a traditional cloth weaving community. She has been running a cloth weaving business with her husband. Presently she has twelve hand looms for weaving saris. At the time of her first loan, the number of hand looms was four. Her husband purchases the yarn/thread from a trader 20 km away.

Jayamala has engaged ten workers for the initial processing and weaving of saris. She only produces saris because of the demand in the market. Jayamala gets 15 lengths of sari per day. A bundle of yarn costs around 10,000-15,000 rupees and it produces 80 to 100 saris.She sells her products to the local traders, who come to take the finished product from her home on a weekly basis. From this business she earns a monthly income of Rs.10,000, which is not sufficient to materialize her future dream.

With the present loan of 48,000 INR, she wants to buy thread/yarn in bulk. Purchasing more stock at a time will help her to reduce the purchasing and transportation costs of the raw materials. Jayamala wishes to grow her business and save enough to start a dyeing unit of her own. This will help her to do dyeing as per her wish and also fetch some extra income by dyeing others' yarn. Jayamala also hopes to arrange the marriage of her son and daughter in a respectable way.

The other three members of the group are Ahalja, Gunjamati and Harabati, doing grocery wholesale, cloth weaving and a sweet items making and supply business respectively.

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
  • 85
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 68.0
    India Rupees (INR) = $1 USD