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Maa Gardien Group
In this Group: Minakshi, Pinki, Sabitri, Nayan
Minakshi, aged 27, is an active lady of Tukla village of Nuapada district in Odisha, India. The lady standing second from the right with a raised hand is Minakshi. She is residing with her husband and two sons of 7 and 3 years.

In the year 2009, she, along with three other members of her village, formed a Joint Liability Group named “Maa Gardien” to avail a loan from Mahashakti Foundation to add some extra income to their families by expanding their existing businesses.

Minakshi is running in her village a multifarious business of a tent house with a light and sound system, a tea stall, and a daily needs shop with items like biscuits, bread, mixtures, toothbrushes, toothpaste etc., with the help of her husband.

During her first loan, Minakshi had a cycle mart, and she was earning a monthly income of 3,000 INR. This is her fifth loan. During her previous four loans, she has been able to diversify her business. She earns a monthly income of 8,000 INR from the existing business. Minakshi says this amount is also not sufficient to meet the present needs of her family. So, to earn some more income, she is planning to add some more items to her present trades.

From a part of the present loan of 48,000 INR, she will purchase some light and sound systems for the tent house business, and daily needs items like biscuits, bread, mixtures, toothbrushes, and toothpaste from the other part. Minakshi believes she will earn some more income from this investment, which will help her to manage her family smoothly. She hopes to save enough for the better education of her children.

The other three members of the group are Nayan, Pinki and Sabitri, with a fabrication center and tent house, sewing machine selling and repairing center, and auto parts store 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
  • 89
    View loans »
    India Loans Fundraising
  • $6,102,550
    Funds lent in using Kiva
  • 62.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Gardien Group's $2,975 loan helped a member to purchase a light and sound system for her tent house business, and biscuits, bread, mixtures, toothbrushes, toothpaste, etc. for her daily needs shop.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Oct 25, 2013
Oct 10, 2013
Currency Exchange Loss: