Sitavati Devi & 6 entrepreneurs, Tupkadih
Loan issued $0.00
Funds issued $0.00


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About Sitavati Devi & 6 entrepreneurs, Tupkadih

Sitavati Devi is 49 years old. Her business is making baskets and selling them. She is doing this business from the last fifteen years. She wants to expand her business as her business is doing well to do and thus to earn more she has applied for a micro loan. Her son also helps her in this business. She has four members in her family including two sons who work on the basis of daily wages. This loan amount will help her family a lot. Her monthly income is Rs 2000/-(USD44). Sitavati Devi is the group leader who organizes monthly meetings and ensures that all repayments are made on time. Parvati Devi (Photo 2) is sitting in the middle of the front row of the group photo. She is 31 years old and married. She runs a fast food center on hand cart. She is doing this business from last three years and now she wants to expand her business as her customers are growing day by day. In order to do this she has applied for a micro loan. Her husband also helps her in this business. She has three sons who go to school. Her monthly income is Rs 2000/-(USD44). Pano Devi is sitting first from the right of the front row in the group photo. She is 52 years old and a widow. She is a peddler of vegetables. She is doing this business from last three years. She wants to expand her business as she is selling vegetable in very small quantity so to grow the quantity of vegetables for selling and to earn more she has applied for micro loan. She has two sons who are going to college. She also wants to save something for the future to deal with the emergencies. Her monthly income is Rs 2000/-(USD44). Sundri Devi is sitting first from the right at the back row in the group photo. She is 41 years old and married. She has a pig farm which she runs with her husband. She has many customers to whom she is unable to serve properly. In order to fulfill the growing demand from her customers she wants to expand her business and so she has applied for micro loan. She has a big family with seven sons. Her sons are working on the basis of daily wages. Her monthly income is Rs 2500/-(USD55). Uma Devi is sitting in the middle of the back row of the group photo. She is 27 years old and married. She makes baskets and sell them in the market. Her husband also helps her in this work. Due to heavy demand from her customers and less capital she is unable to serve them. In order to serve her customers adequately she has applied for micro loan. She has one small daughter. She also wants to save something for the future to deal with the emergencies. Her monthly income is Rs 2000/-(USD44). Rekha Devi is sitting first from the left at back row in the group photo. She is 24 years old and married. She is a peddler of vegetables. She wants to expand her business as she has lots of customers. To provide proper supply to her customers and to earn more she has applied for a micro loan. She has three daughters who go to school. She also wants to have some saving for their future requirements. Her husband also helps her in this business. Her husband is a very hard working person. 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
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Doron and Cathy
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Anonymous
Judith
Derrick
Geoff
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Anonymous
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Ms. M
Andreas
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Judy
Trevor Rotzien
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Anonymous
kathryn james
FairSpirit
KerryR
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c10
Budelberger
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speedy
 
 
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