Rekha Devi earns a living by stitching clothes. As she has only one sewing machine, she is unable to meet the growing 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 has five members in her family including two daughters and one son. Her monthly income is Rs 3000/-(USD66). She is the group leader who organizes monthly meetings and ensures all repayments are made on time.
Sujata Berman (Photo 2) sitting second from the right in the group photo. She has a tailoring business. Though she has a lot of demand from customers, she is unable to handle it alone. In order to meet the increased demand of her customers, she wants to buy two sewing machine and hire two people. She has applied for a micro-loan for her tailoring business. She hopes to cater to the needs of her clients and improve her standard of living so that she can give a better future to her children. Her monthly income is Rs 4000/-(USD66).
Shail Devi sitting second from the left does stitching work. She has applied for a micro-loan for her tailoring business so that she can buy two sewing machines. She and her husband both presently work in shifts. She has six members in her family including two sons and two daughters. Her monthly income is Rs 3000/-(USD66).
Malti Devi sitting in the middle in the group photo has a small tailoring shop in her house. She hopes to improve her standard of living and meet the growing needs of her family and give her children a proper education and upbringing and hence applied for a micro loan. Her monthly income is Rs3000/-(USD66).
Manju Devi sitting first from the right in the group photo has a small electronics shop, and her monthly income is Rs.4000/-(USD88). She has a difficult time getting more clients because of the limited availability of electronic products. She has applied for a micro-loan so that she can expand her business, cater to the needs of her customers, and improve her standard of living.
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.