Farida Begam earns her living by stitching school uniforms. Her daughter also helps her in this work. Both of them work on the same machine in shifts. Due to this, her daughter is unable to go to school. Farida has applied for a microloan to purchase 2 sewing machines, so that she can hire people and send her daughter to school. She lives in a big family and needs to take care of them. Presently her income is Rs. 3,000 (USD 66) per month. She hopes to increase her income and send her daughter for higher studies.
Saifun Khatun, (photo 2) stitches bags to earn her living. Her husband sells these bags in the market. She has applied for a microloan to purchase a sewing machine and raw materials for making bags. She has 3 children, who go to a nearby school. Both of them are members of a Joint Liability Group at Sultan Nagar.
In the group photo, Yasmin Khatun, sitting on the left in the front row, is the group leader. She organizes the group meetings and ensures that repayments are on time. She has applied for a microloan for her grocery shop. Besides her is Bilkish Khatun, she has applied for a microloan for her grocery shop. Bano Khatun, sitting on the left in the 2nd row has applied for a microloan to purchase sewing machine. Next to her is Saifun Khatoon (photo 2). Farida Begam (photo 1) is sitting on the last row and besides her is Bano Khatun, who has applied a microloan for her grocery shop.
All these entrepreneurs are very hard working, committed and dedicated to their work.
They also understand the concept of joint liability group. In case one of the group members is unable to repay the micro loan, they will pay the repayment on behalf of the member who is unable to pay the micro loan.