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Greens Bhagyavanti - Nadnikeshwara Group
In this Group: Dyamavva , Neelavva, Yamanavva, Basavva, Rayavva
Dyamavva (the lady with her hand raised in the picture) is the leader of this group. The members of this group are engaged in raising sheep and goats. They all are daily wage workers in the agriculture fields earning Rs.100 per day. The Joint Liability Group (JLG) “Greens Bhagyavanti” is requesting its first loan. This group includes four other members. They are Neelavva, Yamanavva, Basavva and Rayavva.

The loan the group is requesting will benefit women entrepreneurs such as Dyamavva who live in Nadnikeshwara, Bagalkot, Karnataka. She is a widow living in her own home with a son who works as a driver. She also has two daughters who are married. She and her son could not complete their education and have studied only until second grade and her son until fifth grade.

The loan Dyamavva is seeking now will be used to buy lambs and goats. She hopes to save enough to have her son start his own enterprise and build a new house.

All the members of the group are very grateful to the lenders for helping them to achieve a better life.

Additional Information

More information about this loan

This loan is designed to provide financing, business consulting, input facilitation, market linkage, and resource management services to marginalized agricultural laborers in rural areas of Karnataka. MicroGraam’s partnership with the non-profit organization Future Greens Samsthe has made this loan possible. By funding this loan, you are helping to bring fair market access and productivity enhancement to laborers in India through enterprise financing and support.

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 >
Additionally, this loan may be post-disbursed, in which case this borrower will only receive the loan after it has been 100% funded by Kiva lenders. Because it is difficult to predict when a loan will be fully funded, the disbursement date may have been estimated by the Field Partner and may be inaccurate by several days or weeks.

About MicroGraam

MicroGraam is a Bangalore-based, crowd-funding lending platform that aims to promote development and growth throughout India by providing underserved populations with access to formal loan capital.

In order to provide critical capital in remote areas of India, MicroGraam collaborates with various partners located across the country, applying a structure very similar to Kiva’s. The organizations currently provide clients -- most of whom are women -- with three types of loans: (1) agricultural loans, (2) educational loans, and (3) microenterprise loans.

Kiva lenders’ funds will enable MicroGraam to forge new partnerships with important social organizations, connecting more rural areas with critical access to capital.

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
  • 99
    View loans »
    India Loans Fundraising
  • $6,144,275
    Funds lent in using Kiva
  • 61.0
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Greens Bhagyavanti - Nadnikeshwara Group's $1,250 loan helped a member to buy lambs.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 16, 2014
Mar 21, 2014
Currency Exchange Loss: