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Maa Risipiten Group
In this Group: Himadri, Manjula, Chhayabati , Kasturi, Namita, Sambari, Subane, Jire, Ghalandi, Anusaya
Risigaon is a small village in the Nuapada district of Odisha, India. Most of the residents of this village are poor and belong to Schedule Tribe, Schedule Caste and Other Backward Class. This village is surrounded by hills and natural rock plates, which is a blessing for the villagers to earn a livelihood. They prepare stone chips from the black granite stones of the hills, sell it to the builders and earn their livelihood.

Himadri is an inhabitant of this village. The lady sitting in the middle with her hand raised in the photo is Himadri. She is 33 and resides with her husband, two sons and one daughter. The main source of income for Himadri is preparing and selling stone chips. She and her husband prepare stone chips. The stone chips prepared from the stone boulders are used inter-alia in the manufacture of concrete sleepers, construction of roads, bridges, buildings and other construction work. Himadri has been doing this business for the last 10 years and the earnings are just hand to mouth for her family. The reality is that, due to poor conditions, she brings an advance from the builders, prepares stone chips and sells them in distress to refund the advance. In spite of regular earnings, she is not able to improve her living conditions. So, to overcome this situation, in the year 2014 she formed a Self Help Group comprised of 10 members and each member took a loan of 12,000 INR from Mahashakti Foundation. With this loan, she will purchase a big hammer, a small hammer and other materials for the preparation of stone chips. Now she will not have to go for an advance and bargain with the builder for her products, which will definitely fetch more income for her. Himadri hopes to construct a house and give a better life to her children.

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
  • 89
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 60.4
    India Rupees (INR) = $1 USD