Jamila Khatun and 4 entrepreneurs, Jario
Loan requested $924.00
Loan issued $924.00
Funds raised $508.20
Funds released $0.00
Sector Retail
Repayment term in months 18.0


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About Jamila Khatun and 4 entrepreneurs, Jario

Jamila Khatun (Photo 1) sitting in the middle of the group photo runs a small betel shop from her house. She wants to increase the size of her business, so she has applied for a micro-loan.She has five members in her family including one daughter and two sons who attend school. Her husband also helps her in this business and her monthly income is Rs3000/-(USD66). She is the group leader who organizes monthly meetings and ensures that all repayments are made on time. Nashima Khatun (Photo 2) sitting first from the left raises bullock. She wants to expand her business, so she has applied for a micro loan. She supplies bullock in her village. Her husband also helps her in this business. She wants to earn more profit and improve her standard of living. She has five members in her family including two sons and one daughter who attend school. Her monthly income is Rs3000/-(USD66). Sabnam Khatun sitting second from the left runs a garage with her husband. She is attracting more customers and wants to buy some equipment for the garage. Because of this, she has applied for a micro loan. She has five members in her family including two sons and one daughter. Her monthly income is Rs2000/-(USD44). Muneja sitting second from the right raises goat. She supplies goat to hotels and restaurants. She wants to expand her business, so she has applied for a micro loan. She has seven members in her family including four sons and one daughter. Her husband also helps her in this business. Her monthly income is Rs3000/-(USD66). Sabnam Ara siting first from the right also has goat business. She also raises goat and also supplies goat to hotels and restaurants. She wants to expand her business as her customers are increasing day to day. To meet the growing demand of her customers she has applied for micro loan. She has five members in her family including three sons who attend school and her monthly income is Rs3000/-(USD66). These entrepreneurs are very dedicated and want to do good for themselves and their families. They understand the concept of Joint Liability Group. In case any member is unable to repay the micro loan, they will pay on the behalf of the member whose loan is delinquent. The entrepreneurs in the group support each other through the joint liability concept. Note: In the entrepreneur names you may find that several last names are repeated e.g. Devi, Bibi, Kumari. These are not last names as commonly understood but respectful ways of addressing ladies in certain parts of India.


Partner MFI
Name: Ajiwika Society Ownership: Non-profit
Year Founded: 2006 Credit Risk Rating: Beta Plus
Partner Since: 2009 Rating Agency: M-Cril
Interest Rate: 24.0 % Delinquency Rate: 2.67 %
Target Clients: Poor, Ultra poor Default Rate: 0.0 %
Repayment overview

Total Funded Amount = $508.2
Total Loan Amount = $924.0

Repayment Overview chart

Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different.
Progress Report
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Funders to this entrepreneur

Andreas
Dr. J - magician
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Vittal Rao
Sverre Skimmeland
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Alex
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Anonymous
Geoff
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Anette
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Ms. M
Shubha & Bala
Sivupersoona
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Anonymous
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Anonymous
 
 
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