A loan of $3,100 helped a member to purchase bags and shoes.

Ugratara Group's story

Sridevi, aged 28, is the leader of a group that hails from Muniguda of Rayagada district of Odisha, India. She lives with her husband and has one son and one daughter, aged 5 and 9 respectively. The member standing in the middle with a raised hand is Sridevi.

Sridevi is running a fancy store keeping ladies items, particularly bags and shoes, with the support of her husband in her locality. Sridevi, along with four other members of her village, formed a group and want to take a loan for the fifth time from Mahashakti Foundation for development of their existing businesses.

Before availing the loan, her sales were not sufficient to meet her daily requirements. She was earning about Rs. 9,000 per month from her business, which is not sufficient enough to maintain her family. Now she is very much confident in running her business. She has a desire to be a wholesaler of bags of different quality and designs. With the loan, she wants to purchase bags and shoes.

The other four members are named Laxmi, Rajlaxmi, Lachmi and Ijiya. They have businesses of a grocery shop, dry foods business, fancy store, and readymade garments shop.

In this group: Sridevi, Laxmi, Rajlaxmi, Lachmi, Ijiya

Loan details

Lenders and lending teams

Loan details