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Sonali Group
In this Group: Hemalata, Monalisha, Pramila, Suma
Suma, 46 years of age, is the leader of a group that hails near Fire station, Bhubaneswar of Khurda district of Odisha, India. Her family is comprised of her husband and two sons. The member standing first from left with raised hand is Suma.

Suma’s younger son named Santosh is attending Govt. High School, Bhubaneswar. He has just passed into 9th class and wants to continue his studies. He is a bright student and wishes to do well in matriculation. For this Santosh has to take good tuition, which is not affordable by his parents from their present income.

The monthly income of Suma is about Rs.8,000 which is not at all sufficient to meet her monthly expenditures. The higher education of her son is now a financial burden. Hence she formed a group with three other members from her locality and applied for financial support from Mahashakti. It will be the first cycle loan for the group. From the loan Suma will pay the tuition fees and will purchase books for her son.

The three other members of her group, Monalisha, Hemalata and Pramila, also want a loan for the education of their children. In the photo every member’s child is standing in front of their respective mother.

Additional Information

More information about this loan

This loan is part of Mahashakti's education program, designed to finance school tuition for poor students from urban and semi-urban parts of Odisha to attend college and university and technical institutions. Funds can be used for partial or complete payment of higher education expenses. By supporting this loan, you're enabling access to education for students with limited options.

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
  • 5
    View loans »
    India Loans Fundraising
  • $6,743,675
    Funds lent in using Kiva
  • 59.8
    India Rupees (INR) = $1 USD