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Maa Bastaren-A Group
In this Group: Mamata , Jhumaki, Dukkhi, Premashila, Banibasi, Kshiradhi, Sunadei, Semakanti, Susila, Tatahula, Bilas
In January 2014, 11 women entrepreneurs from a remotely located rural village called Jurabandh in the Balangir district of Odisha, India formed a Self Help Group (SHG) named Maa Bastren-A with the objective of expanding their existing businesses by taking a loan from Mahashakti Foundation. Mamata, a most active and energetic lady of 30 years who is standing in front with her hand raised in the photo is one of them. She is a cheerful lady with high ambition. Her family consists of her husband, one son age six and two daughters who are twelve and ten years old.

For the last 10 years, Mamata has been running a clothing vending business with the help and support of her husband. She and her husband purchase ready-made garments from a wholesale market 100 kilometers away from her village. Her husband moves to different villages and weekly markets on a bike to sell the garments. She earns a monthly income of 8,000 INR from her existing business. But the present income is not sufficient to manage the business expenses as well as the household expenses for her family. So Mamata wants to raise her income by increasing the volume of her business. With the present loan of 16,000 INR, she is planning to purchase some quality fancy garments for selling. Mamata hopes that this will definitely generate a handsome amount of extra income. She has a dream of saving enough for the better education of her children and construction of a good house.

The other 10 members of the group are doing small businesses like a goatery, vegetable vending, onion cultivation, milk selling, a general store etc.

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
  • 67
    View loans »
    India Loans Fundraising
  • $6,089,250
    Funds lent in using Kiva
  • 62.1
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Bastaren-A Group's $2,600 loan helped a member to purchase ready-made fancy garments to sell.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Feb 12, 2014
Mar 1, 2014
Currency Exchange Loss: