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Shakti Maa Mangala Shg Group
In this Group: Soudamini, Champabati, Santilata, Bijuli, Kabita, Kalpana, Droupadi, Ambika, Damayanti, Sukanti, Sasmita
Soudamini is a resident of Angul district in Odisha, India. She is a mother of two children. Currently, both of her kids still depend on her as one child is in school and one is too young for schooling. Her entire family relies solely on rice farming and a grocery selling business.

Soudamini has been involved in her current business for more than 13 years and now she is able to earn up to 3,800 INR per month.

She has never been with People's Forum India, Kiva’s partner, before. Soudamini currently leads a group of 11 women to obtain a new loan. All of her co-borrowers are first-time borrowers with People's Forum. The total loan amount for her entire group is 264,000 INR. Soudamini's loan portion will be 24,000 INR.

As a leader, she will spend her entire loan portion to buy fertilizer for her farmland. She hopes her farmland will produce a better yield so she is able to increase her income.

Additional Information

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 People's Forum

People’s Forum is a development organization based in Odisha, India that provides affordable loan products and support services to women. The organization distinguishes itself by reaching out to particularly marginalized groups, including leprosy-affected families, widows, single mothers, and disabled persons. People’s Forum will harness Kiva’s flexible, zero-interest capital to serve even more borrowers in one of the poorest regions of India.

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
  • 100
    View loans »
    India Loans Fundraising
  • $6,146,075
    Funds lent in using Kiva
  • 61.8
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Shakti Maa Mangala Shg Group's $4,275 loan helped a member to buy seeds and fertilizer for her farmland.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Feb 8, 2014
Feb 16, 2014
Currency Exchange Loss: