Ruby Devi earns a living by selling sweets. She and her husband run a sweets shop, which she plans to expand into a hotel; this, in addition to the fact that her shop is in a market area, will allow her to serve food 24/7. She will hire cooks, and her husband will look after the business. She hopes that this investment will improve her standard of living and will allow her to fund higher education for her children. Presently, her monthly income is Rs.4,500, which will increase over time. She is the group leader, so she organizes monthly meetings and ensures that all repayments are made on time.
Pinki Devi (photo 2) sells cosmetics and fruit door-to-door. Her husband helps her in her business. With her micro-loan, she wants to establish a permanent shop in the nearby market place. She has six family members, including two sons. Her monthly income is Rs.3,000/-.
Sunita Devi, sitting first from the left in the group photo, runs a cosmetic store at her home. She wants to grow her business, so she has applied for a micro-loan. She has five family members, including two sons.
Meena Devi, sitting next to Sunita Devi, runs a very small confectionery shop at her home, where she attracts a few customers. She wants to move her business to a marketplace, so she has applied for a micro-loan. She has six family members including two daughters. Her monthly income is Rs.3,500/-.
Nirmala Devi, sitting in the middle, runs a cosmetics shop. She wants to grow her business, so she has applied for a micro-loan. She has four family members, including one son. Her husband helps her in her business and her monthly income is Rs.2,500/-.
Pinki Devi is sitting first from the right, and Ruby Devi is sitting next to her.
These entrepreneurs are very dedicated and want to do well not only for themselves but also for their families. They understand the concept of a Joint Liability Group. If any member of the group is unable to repay their micro-loan, the other members will pay on the behalf of the member whose loan is delinquent.