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Shree Renuka Devi Mahila Swasahay Sangh - Nasalapur Group
In this Group: Rajeshree , Buravva, Sushila, Muktabai, Latha, Geeta, Vatsala, Gangubai, Ashivini, Indrabai
Rajeshree (the lady standing with her hand raised in the picture) lives in Nasalapur, Raibag, Belgaum. She is married and has four children. Both of the girls are married; one son has completed an ITI (Industrial Training Institute) course, and the other son is studying in 9th grade. She and her husband work in agriculture fields as daily wage workers.

Rajeshree has rented agriculture land, where she cultivates crops. As per the deal, she is supposed to share half of the harvest with the landowner and keep the rest. She usually sells the crop to make some profit. Her family earns 5,000 Indian rupees (INR) per month. This income is hardly sufficient to manage the day-to-day expenses. Rajeshree is also finding it difficult to pay for her children’s education. Hence, she is requesting a loan of 10,000 INR for her children's education expenses.

Rajeshree is the leader of the self-help group (SHG) “Shree Renuka Devi Mahila Swasahay Sangh”. The group consists of eleven enterprising women, but only ten members are taking out a loan. All of them work as laborers in the fields. They all hope to save an adequate amount for their future. The group is helped by a local NGO, Mashila Abhivrudhi Mattu Samrkshana Samsthe (MASS), which provides requisite knowledge, training and motivation to women so they can be independent and earning hands for their families.

Additional Information

More information about this loan

This loan was designed by MicroGraam to support alternative livelihoods for marginalized groups that still exist in India, specifically those that are a part of the Dalith (untouchable) and Devdasi castes. Despite being declared illegal, these systems are still prevalent in many rural parts of south India. Traditionally, girls put into the Devdasi system are 'married' to a god and are dedicated to serve this god for life. In reality, these young girls are often subjected to brutality and forced into prostitution. MicroGraam’s partnership with the non-profit organization Mashila Abhivrudhi Mattu Samrkshana Samsthe (MASS) has made this loan possible. By funding this loan, you will be supporting women in northern Karnataka who are currently or used to be a part of the Dalit or Devdasi castes as well as their children, who are often otherwise unable to access financial services due to social stigmas.

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
  • 92
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 58.6
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Shree Renuka Devi Mahila Swasahay Sangh - Nasalapur Group's $2,825 loan helped a member to pay the school fees of her son.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jul 31, 2014
Jun 1, 2014
Currency Exchange Loss: