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Jaya Radhika Group
In this Group: Dushila, Dahane, Jamuna, Nabami, Nilendri, Sukanti
Jaya Radhika group was formed in the year 2013 by six women members of Below Poverty Line category from the village Mahulpada in the district of Bolangir in Odisha; India to access loans from Mahashakti Foundation. Mahulpada is a small rural village located at eighty kms from the district headquarters of Balangir. Dushila is one of the members of this group. She is standing third from the right with raised hand in the photo. She is 48 years old; living with her husband, son, daughter in-law and a granddaughter of 2 years.

Dushila has a small milk selling business, having a milk cow which she purchased from the first loan from Mahashakti Foundation. She gets 5 liters of milk per day, which she supplies in the nearby town. Apart from this, she is working as a 4th grade employee in the Integrated Child Development Dept. of Govt. of Odisha. From the above two sources, Dushila gets a monthly income of 6000 INR. According to her, the present income is insufficient on her part to manage her household expenses. So, as there is growing demand for milk in the locality, she has planned to utilize the present loan for purchasing another cow of improved variety to add some extra income to her family. Dushila says this will help her to add some extra income and she will be able to manage her family finances smoothly. Dushila has also a dream to develop a dairy farm in future.

The other five members of this group are Nilendri & Nabami with milk business, Dahane with goat trading, Jamuna with general store and Sukanti with vegetable cultivation and vending business.

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
  • 118
    View loans »
    India Loans Fundraising
  • $6,155,000
    Funds lent in using Kiva
  • 68.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Jaya Radhika Group's $1,000 loan helped a member to pay for purchasing a cow.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Aug 30, 2013
Sep 9, 2013
Currency Exchange Loss: