Farida Shaba has a small tailoring shop. She was given loan of Rs 8000/-(USD66) earlier and after taking the loan she expanded her business by buying two tailoring machines. After the first loan her monthly income increased by Rs2000/-(USD44) to Rs4000/-(USD88). As the customers are increasing she wants to expand her business and also hire a person, hence she has applied for micro loan. She is the group leader who organizes monthly meeting and ensures all the repayments are made on time.
Rabiba Khatun (Photo 2) sitting first from the left has small grocery shop in her house. First she was given loan of Rs 8000/-(USD177) and after taking loan she was able to expand her business. After taking first cycle loan her income increased by Rs 1000/-(USD22) to Rs 3000/-(USD66). Now she wants to take second cycle loan for further expansion. She has already paid back the first cycle loan. She has seven members in her family including three sons and two daughters.
Sahajahan Begum sitting second from the left sells bangles at the customers door step. Her husband helps her in this business. She took a loan earlier for her business and gained income.Her monthly income increased from Rs 1000/-(USD22) to Rs 3000/-(USD66). Now she wants to open a permanent shop in the market place hence applied for micro loan. She has eight members in her family including three sons and three daughters.
Meena Khatun sitting third from the left in the group photo runs a small garage with her husband. She wants to buy some equipment for the garage and wants to expand it and has hence applied for micro loan. She took the loan first cycle and increased her income. Her monthly income increased from Rs 1000/-(USD22) to Rs 3000/-(USD66).She wants the second cycle loan so that she can increase increase her income and save something for the future. She has two daughters and one son who attends school. She wants to give her children higher education.
Arbi Khatun sitting second from the right provides auto service with her husband. She is taking loan for second time as the first loan helped her to raise her monthly income and saving. At first she used to earn Rs 1000/-(USD22) and now she earns Rs 3000/-(USD66). She wants to increase her monthly income and give her children a better future by expanding her business hence has applied for a micro loan.
Yasamin Khatun sitting third from the right runs a small garage with her husband. She wants to buy some spare parts for it and has hence applied for micro loan. She was given a loan earlier she purchased some equipments but that was not enough for her requirements so after paying back the first loan she has applied for the second time. Her monthly income also increased by Rs1000/-(USD22). She has four members in her family including one son and one daughter. She is also quite ambitious for her children.
These entrepreneurs are very dedicated and want to do good for themselves and their families. They understand the concept of a Joint Liability Group. In case any member is unable to repay the micro loan, they will pay on behalf of the member whose loan is delinquent. The entrepreneurs in the group support each other through the joint liability concept.