A loan of $3,650 helped a member to purchase items like rice, wheat, lentils, oil, soap, potatoes, etc. in bulk for her general store.

Ann Budhimaa Shg Group's story

Manju, the lady standing with raised hand in the photo, is a very active woman of 37 years of age. She resides in a small house with her husband and one son of 16 years in a rural village of Khurda district in Odisha, India.

For the last 12 years, Manju has run a general grocery shop in her small house with items like soap, shampoo, washing powder, sugar, tea, oil, etc. She started the business with a small investment of her own. At that time, her monthly net income was around 3,000 INR. It was very difficult on her part to maintain the family. So she, along with eight other women from her village, formed a self-help group named "Ann Budhimaa SHG" to access loans from People's Forum. Before that, she had taken out an individual loan from a micro finance institution and successfully repaid the total loan.

Now she is earning a monthly income of 5,000 INR. As per the statement of Manju, this small income is not at all sufficient to manage the family along with educational expenses of her son, so she wants to increase her income by the expansion of her existing business.

She has planned to use the loan amount to purchase items like rice, wheat, lentils, oil, soap, potatoes, etc.in bulk for her general store. This will help her to reduce her purchasing and transportation costs as she will replenish her stock less frequently. She hopes that this investment will give her more income and enough savings so that she will be able to construct a house for her family, which is a dream for her, and give better education to their son.

The other eight members of the group are running milk selling, computer center, and vegetable vending businesses.

In this group: Manju, Puja, Ratna, Sanju, Sukanti, Kousalya, Jyotsna, Uma, Sabitri

Loan details

Lenders and lending teams

Loan details