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Sadguru Group
In this Group: Usha, Puspa, Amala, Syamala
Syamala, about 45 years old, is the group leader of a four-member group in Kotapeta village situated in the Rayagada district of Odisha, India. Her family includes four members: her husband, one daughter, about 20 years old, and two sons, about 22 and 18 years old, respectively. The member standing on the extreme left with a raised hand is Syamala. At present, she is making and selling leaf plates. Her daughter helps in making the plates. Syamala is a very active lady who wants some extra income from her own efforts.

Syamala’s husband is doing a seasonal business. At present, her family income is Rs 4,500 per month, which is not sufficient to maintain her family. To improve her living conditions and to earn some extra income, she wants to avail a loan. With the loan, she will purchase a big stock of leaves for stitching and selling.

She has a dream of being a wholesaler of leaf plates in her locality.

The other three members of the group are named Usha, Puspa and Amala. All of them are doing tailoring work and all of them want a loan to purchase tailoring machines and Pico machines.

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
  • 97
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 62.0
    India Rupees (INR) = $1 USD