Biva Devi stitches clothes. As she has only one sewing machine, she is unable to meet the demands of her customers. As a result, she wants to buy two sewing machines and hire two people. In order to buy the two sewing machines, she has applied for a micro-loan. She also teaches a few students in her nearby coaching center. Her monthly income is Rs.3000/-(USD66).
Pulana Devi (Photo 2) has a small dairy farm. She wants to buy some more cows to cater to the increased demand of her customers. She has applied for a micro-loan for her dairy farm. She has three members in her family including one son who also helps her in this business. Her monthly income is Rs 3000(USD66).
Baishaki Devi sitting first from the left earns her living by selling clothes with her husband. She wants to invest in her business and has hence applied for a micro loan. She has four family members, including one son and one daughter. Her monthly income is Rs.3500/-(USD77). She is dedicated to her children’s futures.
Sunita Devi is sitting next to Baishaki Devi. She earns her living by selling flowers with her son. She wants to open a permanent shop in the marketplace, so she has applied for a micro-loan for her flower shop. She has three family members including one son who helps her in her business. Her monthly income is Rs 3000/-(USD66). She is the group leader who organizes monthly meetings and ensures that all repayments are made on time.
Sumitra Devi sitting first from the right runs small cloth shop. In order to grow her business she wants to invest in her shop, so she has applied for a micro-loan. She has five members in her family including one daughter and two sons. Her monthly income is Rs 3000(USD66).
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.