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Honneru Balaga Group
In this Group: Asha , Gananath, Boregouda , Syed , Rachanna, Jagadeesh , Murthy, Mahadeva , Srinivasamurthy
Honneru group, located in Mysore, Karnataka, is a platform for organic farmers to market their products directly to the consumers. They are promoting agricultural producers, especially from rain-fed regions, mainly North Karnataka (Shimoga, Haveri, Hubli, Gadag, Dharwad, Bellary and Belgaum). Members of the group are designated with roles and responsibilities to carry forward this initiative to reduce the overhead expenses.

Asha, the featured borrower (with hand raised), is married and has a daughter studying in tenth grade. Her husband is working in a garment shop. She has completed a Master of Arts and Bachelor of Education. She has a passion for social work and she is a nature lover, a versatile person altogether. Asha believes in Lal Bahadur Shastri’s words, “Jai jawan, Jai Kisan,” which means “hail soldiers and farmers.”

In 2013 the group opened an organic outlet that has been functioning on its own with minimum working capital. This is the first of its kind: an outlet formed by organic farmers with a social cause. It aims to strengthen the consumer’s beliefs and perception of native and organic products, to directly link farmers with consumers, and to create a niche market for organic produce. By eliminating other intermediaries, farmers get a better (and fairer) value for their produce.

Members (farmers) want to scale up to a national level and to start connecting with farmers across the country. They know their activities will generate more employment for farmers and that they can grow their consumer base because of the healthier properties of the organic products.

Honneru group will use this loan to pay for the promotion of their farmers' platform among other farmers and consumers through showcases, marketing materials, etc.

They hope one day to start a fully organic supermarket.

Additional Information

More information about this loan

This loan is designed to enable farmers to earn a sustainable living from the production of traditional grains and local products. It was made possible through MicroGraam’s partnership with Sahaja Samrudha, an organic farmer's collective. By funding this loan, you are ensuring that rural farmers in India use efficient agricultural practices and receive fair prices for the goods produced.

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
  • 80
    View loans »
    India Loans Fundraising
  • $6,089,250
    Funds lent in using Kiva
  • 59.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Honneru Balaga Group's $2,525 loan helped a member to pay for the promotion of organic farming to other farmers and consumers.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Mar 3, 2014
Mar 31, 2014
Currency Exchange Loss: