A loan of $4,200 helped a member to purchase seasonal items like pulses (lentils), turmeric, and hill brooms.

Laxmi Sriya Group's story

Swapna, 34 years of age, is the leader of a group that hails from Muniguda village of Rayagada district of Odisha, India. She lives with her husband. The member sitting second from left with raised hand is Swapna.

Swapna is is running a seasonal goods shop in her locality. Her husband also helps her to improve the sales of their business. During 2010 Swapna, along with other members of her locality, formed a group and took a loan from Mahashakti Foundation for development of their existing business. This is her fourth cycle loan.

At the time of accessing her first loan, her sales were not sufficient to meet her daily needs. Out of their small income they are maintaining their family in a low profile. Now she is very confident in running her business and has developed her business significantly. At present her monthly income is about Rs.7,000. She wants to access a further loan to purchase bulk quantity of seasonal items like pulses, turmeric, hill brooms etc. She has a strong desire to establish a grocery shop in the nearby market.

The other five members of her groupsare doing a milk business, a seasonal business, a medicine store and a hotel.

In this group: Manjulata, Swapna, Shantilata, Bimala, Rashmita, Kalyani

Loan details

Lenders and lending teams

Loan details