Lakshmi Kumari, sitting second from the right, has a dairy farm. She has many farmers to whom she is currently unable to supply milk. As a result, she wants to purchase some cows and has applied for a micro loan. She also wants to give her child a bright career and save money for emergencies. She has five family members, and her monthly income is Rs.2500 ($55). As the group leader, she organizes monthly meeting and ensures all repayments are made on time. She is also featured individually in the second photo.
Shila Devi (photo 3) has a grocery shop. She has many customers with variety of needs. To meet the needs of her customers she has to buy variety of products and, therefore, has applied for a micro loan. She has four family members, including one son and one daughter. Her son also helps her in this business. Her monthly income is Rs.3000 ($66). She is sitting first from the left in the above group photo.
Pano Devi, sitting next to her, sells clothes at her customers’ doorsteps. She wants to set up a permanent shop at a market place, so she has applied for a micro loan. She has five family members, and her monthly income is Rs.1500 ($33).
Anju Devi, sitting in the middle, has a tailoring business at her home. She has many customers, who she is unable serve alone. She wants to purchase two sewing machines and hire one person. Therefore, she has applied for a micro loan. Her husband also helps her in this business. She has five family members, including one son who is in school. Both husband and wife are worried about the future of their child. Her monthly income is Rs.2500 ($55).
Sulekha Pal, sitting first from the right, has a cloth store at her home, where she is unable to get many customers. Because of this, she wants to move her shop to a market place where she can get many customers and meet the growing needs of her family. Therefore, she has applied for a micro loan. She has six family members, including two sons who help her in this business.
Her monthly income is Rs.2500 ($55).
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. The entrepreneurs in the group support each other through joint liability.
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.