Sonamati Devi is 42 years old and married and lives with her husband, two daughters and one son. Her children are going to school. She runs a grocery shop with her husband from three years. She has many customers demanding for different daily used products and she is unable to provide them to her customers as she does not have a sufficient stock of products. So to buy some stock of materials she has applied for micro loan. Her monthly income is Rs. 3000/-(USD66).
Sonamati Devi is taking loan for the second time from Ajiwika Society as she successfully repaid the first loan. She also likes the monthly repayments system.
Sonamati Devi is the group leader who organizes monthly meetings and ensures that all repayments are made on time.
Rinku Kumari (Photo 2) is sitting first form the left in the group photo. She is 19 years old and a married lady earns her livelihood by doing tailoring business. She wants to purchase one more tailoring machine as she is having many customers whom she is unable to serve on time and thus she has applied for micro loan. She has one small son whom she wants to give higher education and to do this she wants to save some money from her income. Her monthly income is 2000/-(USD44). The loan will be a big help because they wish for personal progress and progress for their families.
Menka Devi is sitting second from the left in the group photo. She is 35 years old and married. She is doing tailoring business from last five years. She wants to expand her business as she has earned a good name in her locality for her good work. She has lots of customers to whom she is unable to provide service on time because she has only one machine. So to solve this problem she wants to buy one more tailoring machine and hire a person to help her in this business and has hence applied for a micro loan. She has two sons who are going to school. Her monthly income is Rs 2000/-(USD44).
Nasima Begum is sitting in the middle of the group photo. She is 42 years old and married. She has a small shop where she sells wrist watches and goggles. She wants to grow the size of her shop as her customers are growing day by day. She also wants to keep more products for selling and thus she has applied for a micro loan. She has one daughter and one son. Her son helps her running the shop. Her monthly income is Rs. 2000/-(USD44).
Kajal Devi is sitting second from the right in the group photo. She is 37 years old and married woman lives with her husband, two sons and one daughter. Her children are going to school. She is a peddler of clothes. She wants to purchase the clothes directly from the wholesalers to save the high rate of interest that she have to pay to the retailers after buying clothes from them and to do this she has applied for a microloan. By this she will also have some savings for the future to deal with the emergencies.
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