Annapurna Devi runs a small ayurvedic medicine centre with her husband. She wants to buy more products as the customers are increasing hence she has applied for a micro loan. ( Ayurveda is a form of traditional medicine practiced in South Asia - http://en.wikipedia.org/wiki/Ayurveda). She has three members in her family including one son who attends school. Her monthly income is Rs 3500/-(USD77). She is the group leader who organizes monthly meetings and ensures that all repayments are made on time.
Santoshi Devi (Photo 2) sitting second from the right sells her products door-to-door. She wants to have a shop at the marketplace where she can serve more customers and increase her income. In order to do this, she has applied for a micro-loan. She has five members in her family including two daughters and one son who attend school. Her monthly income is Rs 3000/-(USD66).
Archana Devi sitting first from the left runs a stationary shop. She wants to expand her business and hence applied for a micro loan. Her husband helps her in this work. She has five members in her family including one son and two daughters who attend school. Her monthly income is Rs 3500/-(USD77).
Raja Devi Bohara sitting second from the left in the group photo runs a small stationary shop. She wants to grow her business and has hence applied for a micro loan. She has four members in her family including two sons who attend school and her monthly income is Rs 3000/-(USD66).
Maya Devi sitting first from the right runs a small ayurvedic shop with her husband. She wants to earn more to improve the standard of living and save something for her future and hence applied for micro loan. She has two members in her family and her monthly income is Rs 2000/-(USD44).
These entrepreneurs are very dedicated and want to do good for themselves and their families. They understand the concept of Joint Liability Group. In case any member is unable to repay the micro loan, they will pay on the behalf of the member whose loan is delinquent. The entrepreneurs in the group support each other through the joint liability concept.
Note: In the entrepreneur names you may find that several last names are repeated e.g. Devi, Bibi, Kumari. These are not last names as commonly understood but respectful ways of addressing ladies in certain parts of India.