|
|
| |
|
|
| Loan requested |
$864.23 |
| Loan issued |
$864.23 |
| Guarantee raised |
$475.32 |
| Sector |
Retail |
| Repayment term in months |
18.0 |
|
|
|
|
| About Bilki Devi and four entrepreneurs, Nilkothi |
Bilki Devi has a grocery shop which she wants to expand and has hence applied for micro loan. She has six members in her family including one daughter and three sons, one among them attends school. Her monthly income is Rs3000/-(USD66). She is the group leader, and she organizes monthly meetings and ensures that all repayments are made on time.
Sarita Devi (Photo 2) sitting first from the left in the group photo has a very small grocery shop in her house. She wants to expand her business as the customers are increasing day by day hence applied for micro loan. She has five members in her family including two daughters and one son who attend school. Her monthly income is Rs3000/-(USD66).
Savitri Devi sitting first from the right is a farmer. Her husband helps her in this business. She wants to increase her income and has hence applied for micro loan. She has four members in her family including two sons who attend to school and her monthly income is Rs 3000/-(USD66).
Salu Devi sitting next to Savitri Devi. She is also a farmer. She wants to expand her business and has therefore applied for micro loan. She has five members in her family including three sons who attend a nearby school. Her monthly income is Rs 3000/-(USD66).
Geeta Devi sitting second from the left side in the group photo. She is a farmer and wants to increase her income and has hence applied for micro loan. She has five members in her family including three daughters and her monthly income is Rs 1000/-(USD22). Her husband helps her in this work.
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.
|
|
| Comment about Bilki Devi and four entrepreneurs, Nilkothi in Facebook |
| |
|
|
|
|
|
Name:
Ajiwika Society
|
Ownership:
Non-profit
|
|
Year Founded:
2006
|
Credit Risk Rating:
Beta Plus
|
|
Partner Since:
2009
|
Rating Agency:
M-Cril
|
|
Interest Rate:
24.0 %
|
Delinquency Rate:
2.67 %
|
|
Target Clients:
Poor, Ultra poor
|
Default Rate:
0.0 %
|
|
|
|
| Repayment overview |
Total Guarantee Amount= $475.32
Total Loan Amount= $864.23
|
Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different. |
|
|
| Progress Report |
|
|
|
|
|
Guarantors to this entrepreneur
|
|
| |
|
|
| |
|
|
|
|
RSS![[Post to Twitter]](/images/tweet-this-small.png)
Tweet this entrepreneur
UnitedProsperity.org is a U.S. 501(c)3 non-profit organization