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Santoshi 'b' Group
In this Group: Kumudini, Bhabita, Maharagi, Umakanti, Supta*, Santoshi
* not pictured
Duajhar is a rural village of the Nuapada district in Odisha, India. In the year 2013, six active women entrepreneurs of this village formed a group named Santoshi B to access a loan from Mahashakti Foundation to expand their existing businesses. Santoshi is one of them. The lady standing second from right with raised hand in the photo is Santoshi. She is an energetic young lady of 27 years who lives with her husband, one son of three years, her father-in-law and mother-in-law.

Santoshi has been running a rice huller and rice flakes-making machine in her village for 15 years. Her husband manages this unit. People from a five-mile radius come to this place for rice husking and rice flakes making. She earns a monthly net income of 8,000 INR from the existing businesses. Out of this income she has been able to manage her household expenses in a decent manner. So Santoshi is planning to increase her income by expanding the business. Looking into the demand of the locality, from the present loan of 48,000 INR Santoshi wants to buy another rice huller to give better service to the customers. She is certain that this will generate a handsome income for her because in a radius of five miles this type of facility is not available.

Santoshi hopes to save enough money to construct a good house and give better education to her son.

The other five members of the group, Kumudini, Bhabita, Maharagi, Umakanti and Supta, are doing a tent house business, a sweet making unit, a fruits stall, 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
  • 89
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 60.1
    India Rupees (INR) = $1 USD