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Mahashakti Foundation

About Mahashakti Foundation

The Mahashakti Foundation (MSF) is a community-based microfinance institution that delivers quality financial services to poor households in rural Orissa. It was established in 2004 by founded by a group of professionals in Kalahandi, West Orissa. Milaap partners with MSF to provide affordable access to solar lighting and reduced-smoke cook- stoves – a safe, clean alternative to costly, toxic kerosene lamps and inefficient stoves. The Milaap-MSF partnership also provides affordable education loans to children and youth from low-income families, and empowers the women with loans for enterprise development.

Total amount disbursed

Rs.80,513,900

Loans given

17422

Repayment rate

100 %

Loans from this partner

Supriya Sahoo
Priyanka Bhanjadeo
Nikhil Barik
Swayam Prakash Behera

Ratings

? Financial Rating
Scale of operations (?) 4
Capital adequacy ratio (?) 5
Operating efficiency (?) 5
PAR >30 in FP portfolio (?) 3
Milaap's share in overall FP portfolio (?) 3
Overall 4
? Social Impact Rating
% of woman borrowers (?) 5
Average yearly household income (?) 5
No. of lenders who have given > INR 1 Crore (?) 5
% of first-time borrowers (?) 5
Financial inclusion (?) 4
Overall 5