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Maa Laxmi 'b' Group
In this Group: Anadi, Tuni, Jasoda, Jaemati
This group comprises four members from a small rural village called Barpadar in the district of Nuapada of Odisha, one of the backward districts in India mainly known for drought and underdevelopment. The lady sitting second from the right and raising her hand in the photo is one of the members, named Anadi.

Anadi is 39 years old, living with her husband and five other family members. Anadi hails from a very poor, landless, illiterate Schedule Caste (SC), Below Poverty Line category. She is running a business of rope making, a procuring and selling business. This is a traditional business in her community. Previously, the people of this community used to make rope from cow and buffalo skin. Due to social restrictions and a progressive mindset, this has been replaced by plastic rope. These items are especially used for tethering domestic animals like cows, buffalo, sheep, and goats.

Her family helps Anadi in all aspects of the business, from the processing to the selling of products in different weekly markets at her locality. Her entire family works 8-10 hours daily in making these items. Her husband covers six weekly markets in a week by using public transport and a bicycle for selling the products. Her husband collects raw materials (empty cement bags) from different contractors and builders.

In a week, her family earns 2,000-4,000 INR, which is not sufficient to manage her family. So, Anadi wants to increase her income by adding some extra stock of empty cement bags and a self-transport facility. She wants to have enough stock for supporting her business to run for long days. Anadi wants to utilize the present loan for purchasing more stock of empty cement bags and procuring ready-made products from her locality.

Anadi dreams to have a bike for supporting the transporting and marketing of her products, as per her own sweet-will. She also wants to complete her half-constructed house.

The other three members of her group are Tuni, Jasoda and Jaemati, who belong to the same community and are doing the similar businesses of rope making and selling.

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
  • 59.9
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Maa Laxmi 'b' Group's $875 loan helped a member to purchase more stock of empty cement bags and procure ready-made products.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
May 19, 2014
May 12, 2014
Currency Exchange Loss: