Binu Phatak (Photo 1) standing in the middle of the group photo runs a small shop of cooking gas and its parts. She wants to expand her business as her customers are increasing day to day. To capitalize her shop she has applied for a micro-loan. Her husband also helps her in this business. She has four members in her family including two sons who attend school. Her monthly income is Rs2000/-(USD66). She is the group leader who organizes monthly meetings and ensures that all repayments are made on time.
Rina Kumari (Photo 2) standing second from the left runs a very small shop at her house. She wants to expand her business and invest capital in her shop to earn more profit and hence has applied for a micro-loan. She has four members in her family including one son and one daughter who are going to a nearby school. Her monthly income is Rs2000 (USD44).
Meena Devi standing first from the left provides auto service with her husband. Her customers are increasing day by day. She wants to hire an auto and a driver. She also wants to repair her auto. Hence she has applied for a micro loan. She has five members in her family including three sons who work on the basis of daily wages. Her monthly income is Rs3500/-(USD77).
Bebi Devi standing second from the right owns a dairy farm. She has many customers to whom she is unable to supply milk. To solve this problem and to meet the demands of her customers, she wants to purchase more cows. She has applied for a micro-loan for her dairy farm. Her husband also helps her in this business. She has five members in her family including one daughter and two sons who attend school. Her monthly income is Rs3000/-(USD66).
Punam Devi standing first from the right has a tailoring shop at her home where she gets a few customers. She wants to move her shop to a market place where she can get many customers and increase her income, hence she has applied for a micro-loan. She has three members in her family including one daughter. 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.