Rikho Devi makes ends meet by running a dairy farm. Her whole family is engaged in this business. She wants to buy more hybrid-quality cows in order to meet the growing needs of her customers. She has applied for a micro-loan to purchase a cow. She hopes to improve her standard of living and satisfy the growing needs of her family. She has four family members including one son. Her monthly income is Rs.3,000/-. She is the group leader, so she conducts monthly meetings and ensures that repayments are made on time.
Santi Devi (photo 2) has a small clothing shop and she sells her products door-to-door. She purchases clothes from the local market on credit, with a very high rate of interest. She wants to purchase clothing from the wholesale market with cash. She also wants to move her business to a permanent place. As a result, she has applied for a micro-loan for her clothing store. She has four family members, and her monthly income is Rs.3,000/-. She hopes that this investment will increase her family’s income and will help her meet the needs of her family.
Sulekha Devi, sitting first from the left in the group photo, has a dairy farm. She not only wants to buy some buffaloes to meet the growing demands of her customers for milk, but she also wants to improve her standard of living. She has applied for a micro-loan for her dairy business. She has four family members, including one son, and her monthly income is Rs.2,500/-.
Rikho Devi is sitting next to her, and Santi Devi is sitting in the middle.
Manju Devi, sitting first from the right, has a small bangle shop in her home. She wants to grow her shop, so she can earn more. As a result, she has applied for a micro-loan. She has five family members, including one son and one daughter. Her children attend a nearby school, and her monthly income is Rs.3,000/-.
Gita Devi, sitting second from the right, has a dairy farm. In order to grow her business, she wants to buy buffaloes, so she has applied for a micro-loan. She has six family members, including two sons, who are involved in this business. Her monthly income is Rs.3,500/-.
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.