A loan of $1,825 helped a member to purchase leaf plates and aluminum utensils.

Subhashree Group's story

Rashmita is the Leader of a group that hails from Muniguda in Rayagada district of Odisha, India. She is a married woman of 25 years of age. The member standing second from the right with raised hand is Rashmita.

Rashmita has been managing a business of leaf plate making and selling in her locality. Her husband is doing a business of selling of utensils (made from aluminum), moving from market to market. During 2010 Rashmita along with other three members from her village formed a group and took out a loan from Mahashakti Foundation for expansion of their existing businesses.

At the time of accessing their first loan, Rashmita was earning the sum of Rs.3,000 per month. Thereafter her income grew rapidly, commensurate with her business turnover. Out of their small income they are maintaining their family in a low profile. To improve her living conditions and to earn some extra income, she accessed a second loan. Now she is very much confident in running her business and has developed her shop significantly.

At present her monthly income is Rs.5,000 but still it is not sufficient to cater for the needs of her family. After learning business procedure and knowledge, she wants to increase her business size. Now she wants a loan to purchase leaf plates as well as aluminium utensils. In future she wants to establish an ornament shop at Muniguda Market.

The other three members, Rebati, Tamala and Sainta, have a grocery shop, a salon and leaf plates businesses respectively.

In this group: Tamala, Rebati, Sainta, Rashmita

Loan details

Lenders and lending teams

Loan details