Bimla Devi has a small hotel, which she runs with her husband. She applied for the loan second time because the first cycle of loan helped her grow her business. First her monthly income was Rs 4000/-(USD88) and now it has increased to Rs.6000/- (USD133. She wants to modernize her hotel, so she has applied for a micro-loan. She has four family members, including two sons. She is the group leader who organizes monthly meetings and ensures that all repayments are made on time.
Parmila Devi (Photo 2) sitting next to Bimla Devi in the group photo. She makes small beds of rope with her husband. She has applied for the loan for the second time. The first loan helped her in improving her business. In the beginning her monthly income was Rs 3000/-(USD66) and now she earns Rs 4500/-(USD100). She has four members in her family including one son and one daughter. She wants to give her children higher education hence applied for micro loan.
Manju Kumari sitting in the middle has business of ropes which she does with her husband. She wants to invest in her business to earn more and has hence applied for a micro loan. She also applied for second time loan because the first loan helped her earn more. She used to earn 3000/-(USD66) per month and now she earns Rs 4500/-(USD100). She has four members in her family including one son and one daughter.
Prabha Devi is sitting second from left side in the group photo. She has a small vegetable shop. She wants to expand it as her customers are increasing, hence she has applied for a micro loan. She also applied for he second loan. Her first loan helped her improve the standard of living and improve the sanitation of her house. Her monthly income increased from Rs 6000/-(USD133) to Rs 10,000/-(USD222). Her husband also helps her in this business.
Shiv Kumari Devi sitting first from the left has a small business of bricks. This is a traditional business of her family. This is her second loan. She wants to expand her business more hence applied for micro loan because the first cycle of loan helped her improving her business and now she wants to earn more and improve her standard of living. Her monthly income increased from Rs 4000/-(USD88) to Rs 6000/-(USD133). She has four members in her family including two sons.
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.