Sakila Banu & 4 entrepreneurs, Naya Basti
Loan issued $0.00
Funds issued $0.00


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About Sakila Banu & 4 entrepreneurs, Naya Basti

Sakila Banu is 50 years old and married. She has tailoring business. Her husband also helps her in this business. She has many customers whom she is unable to serve adequately because she has only two tailoring machines. She wants to buy two more machines and hire one person to help her in this business and to do this she has applied for micro loan. She has two sons and one daughter who are going to school. Her monthly income is Rs 2000/-(USD44). Sakila Banu is the group leader who organizes monthly meetings and ensures that all repayments are made on time. Farjana Khatun is sitting second from the right in the group photo. She is 29 years old and married. She runs a welding shop which she runs with her husband. She wants to repair her welding machine and also wants to purchase another welding machine as she is getting more orders from her customers. In order to fulfill the needs of her customers and earn profit she has applied for a micro loan. She is doing this work from last six years. She has two daughters and one son who go to school. Her monthly income is Rs 2000/-(USD44). Zarina Khatun is sitting first from the right in the group photo. She is 37 years old and married. She runs a small ladies corner from four years. Her husband also helps her in this business. She wants to invest in her business as she has earned a good name in the market. Her customers are increasing day to day and to fulfill the increasing demands from her customers and earn more she has applied for a micro loan. She has three sons. One of her sons works in a general store and the other two go to school. Her monthly income is Rs2000/-(USD44). Mustari Begam is sitting second from the left in the group photo. She is 45 years old and married. She has dry cleaner business which she runs with her husband from three years. She wants to buy some equipment for this business as her customers are increasing day to day and has hence applied for a micro loan. She has two sons who are doing jobs in some private companies. Her monthly income is Rs2500/-(USD55). Nisharun Bibi is sitting first from the left in the group photo. She is 48 years old and married. She sells bangles and some other cosmetics with her husband. She is doing this business from six years and now she wants to invest in her business and expand her business as her customers are increasing day to day. To do this she has applied for a micro loan. She also wants to earn more to improve her standard of living. She has four members in her family including one son and one daughter who go to school. 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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Anonymous
Judith
Geoff
Wolfgang
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Ms. M
Andreas
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David
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Judy
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Jeff Jones
Thomas Fincher
FairSpirit
KerryR
Anonymous
Helle
Srivastav
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Anonymous
 
 
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