Khini Devi and 6 entrepreneurs, Tupkadih
Loan issued $0.00
Funds issued $0.00


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About Khini Devi and 6 entrepreneurs, Tupkadih

Khini Devi is 52 years old and a married woman. She is a peddler of vegetables. She is in this profession from last ten years. Her husband also helps her in this business. By selling vegetables she has earned a good name in her locality during the period of ten years and now she wants to expand her business. She also wants to open one small shop in the market area and therefore she has applied for a micro loan. She has two sons who work on the basis of daily wages. Her monthly income is Rs 2000/-(USD44). Khini Devi is the group leader who organizes monthly meetings and ensures that all repayments are made on time. Josna Devi is sitting first from the left at front row in the group photo. She is 44 years old and a married woman. She is also a peddler of vegetables. She is doing this work from the last five years. She wants to expand her business as she is getting more customers day by day. To fulfill the growing demands of her customers and earn more she has applied for a micro loan. She also wants to have some saving for the future purpose. She has three daughters who go to school. Her monthly income is Rs 2000/-(USD44). Lakhi Devi is sitting in the middle at the front row of the group photo. She is also a peddler of vegetables. She is in this business from the last five years. She is 40 years old and married. She is buying the vegetables from market and selling them by peddling. She wants to grow the size of her business and wants to buy the vegetables in bulk and sell it to earn more. She has five members in her family including two sons and one daughter who attend school. She also wants to earn more to improve her standard of living. Her monthly income is Rs 2000/-(USD44). Pano Devi is sitting first from the right at back row in the group photo. She is 40 years old and a married woman. She is selling vegetables at customers door step. Her husband also helps her in this work. She is doing this business from three years back and now she wants to expand her business as she wants to earn more. To do this she has applied for micro loan. She has two sons and one daughter who attends to school and her monthly income is 2000/-(USD44). Sumitra Devi is sitting in the middle at back row of the group photo. She is 40 years old and married woman. She is doing construction work with her husband. She wants to buy some equipment for this business and wants to expand her business and has thus applied for micro loan. She has two sons and one daughter in her family who are going to school. Her monthly income is Rs 2000/-(USD44). She wants to give her children higher education in spite of her low income. Puniya Devi is sitting first from the left at back row in the group photo. She is 44 years old and a married woman. She has vegetable business. Her husband is a peddler of vegetable. She wants to grow the size of her business as she is getting more and more customers day to day. She also wants to have her own small shop of vegetables in the market area. To do all this she has applied for micro loan. She has two sons who attend to school and her monthly income is Rs2000/-(USD44). 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 %
Progress Report
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Funders to this entrepreneur

Sverre Skimmeland
Dr. J - magician
Vitor
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Doron and Cathy
Geoff
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Anonymous
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Ms. M
Andreas
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Anonymous
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Anonymous
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Perry Venugopal
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Anonymous
 
 
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