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Tirupati Swamy Group
In this Group: Gurubari, Budu, Laxmi, Tunu, Tulashi, Jasobanti
Jasobanti, aged about 49 years, is the group leader of a six-member group in Muniguda town situated in Rayagada district of Odisha state in India. Her family comprises three members, herself, her husband, and one daughter aged 19. The member standing third from left with raised hand is Jasobanti. At present she is running a fancy shop in her locality. She is a very active lady who wants some extra income out of her own efforts.

During 2008 she, along with other members of her village, formed a group and for the first time they took a loan from Mahashakti Foundation for the development of their existing business. Jasobanti’s husband is assisting her to run the business smoothly. At present her family income is about Rs.6,500 per month which is not sufficient to maintain the family.

To improve her living conditions and to earn some extra income she wants to access another loan. From the loan amount she will purchase beauty creams, nail polish, deodorant, ladies' items and gift materials to improve her business.

The other five members are doing a fish business, a leaf plate business, a hotel, and a fancy shop.

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
  • 96
    View loans »
    India Loans Fundraising
  • $6,748,700
    Funds lent in using Kiva
  • 59.3
    India Rupees (INR) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Tirupati Swamy Group's $1,425 loan helped a member to purchase beauty creams, nail polish, deodorant, ladies' items and gift materials.
0% repaid
Repayment Term
43 months (Additional Information)
Repayment Schedule
At end of term
Jun 6, 2014
Jun 16, 2014
Currency Exchange Loss: