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Jai Jagannath Group
In this Group: Jibeswari , Tulashi, Archana, Suprabha, Ranju
Ranju lives in the small village of Hata Muniguda in the district of Rayagada, Odisha, India. She is a headstrong and confident lady. The lady standing in the middle with a raised hand in the photo is Ranju. She is 41 years old and lives with her husband and one daughter, aged about 4 years, and one son, aged about 7 years.

Ranju has been running a tent house business for the last five years with the hand-holding support of her husband. She gets a monthly income of Rs. 9,000 (INR/Indian rupees) from the above business. Out of this income, she is hardly able to manage her household expenses. As she could not make ends meet with her income, she was not able to save for future uncertainties.

In the year 2009, Ranju, along with other women of the locality, formed a group named Jai Jagannath to avail a loan from Mahashakti Foundation to expand their businesses. Now Ranju wants a fourth-cycle loan for the growth of her business. She wants to provide her children a better education.

With this loan, Ranju wants to purchase utensils, plastic chairs, cotton side-wall, etc. for the tent house.

The other four members of the group, Jibeswari, Archana, Suprabha and Tulashi, want a loan for a fast food hotel, grocery shop, broiler business and milk 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
  • 5
    View loans »
    India Loans Fundraising
  • $6,743,675
    Funds lent in using Kiva
  • 62.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Jai Jagannath Group's $2,725 loan helped a member to purchase utensils, plastic chairs, cotton side-wall, etc. for her tent house.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 10, 2013
Sep 28, 2013
Currency Exchange Loss: