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Bijaya Group
In this Group: Sabita, Tripura, Jhunu, Sashmita, Sanjukta, Kumari, Aruni, Saraswati, Jasoda*, Kantilata, Surya, Kumudini
* not pictured
Saraswati is the leader of a group that hails from M. Rampur village of Kalahandi district of Odisha, India. She is a married woman of 29 years of age. The member standing third from the left in the front line with raised hand is Saraswati. She has done vegetable vending with the help of her husband for the last four years. Saraswati has a family of three members consisting of her husband and a daughter about four years old. Saraswati, along with eleven other members from her village formed a self-help group and applied for a loan from Mahashakti Foundation for expansion of their existing business. It is the first time the group will take a loan from MSF.

Out of their small income they are maintaining their family in a low profile. At present the monthly income of Saraswati is Rs.5,000 but still it is not sufficient to cater for the needs of her family. After learning the business procedure and such, she wants to increase the volume of her business. Now she wants a loan to purchase vegetables like brinjal, tomatoes, green chili, curly flower, bananas, drum sticks, cucumbers, pumpkins, etc. In future she wants to establish herself as a wholesaler of vegetables in her locality.

The other 11 members of the group are Jasoda, Kantilata, Surya, Kumudini, Sabita, Tripura, Sashmita, jhunu, Sanjukta, Aruni and Kumari and they also want a loan for the development of their existing businesses such as betel shop, puffed rice, salon, fruit shop, seasonal business and vegetable vending.

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
  • 79
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 62.2
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Bijaya Group's $2,325 loan helped a member to purchase vegetables like brinjal, tomatoes, green chili, curly flower, bananas, drum sticks, cucumbers, pumpkins, etc.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Feb 7, 2014
Feb 10, 2014
Currency Exchange Loss: