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Progress Reports

   
 
   
 
   
 
   
 
Afsana Khatoon and 4 entrepreneurs,Mandai

Ajiwika Society, India

$90.91 of $909.09 repaid.

Afsana Khatun and all her group members are very thankful to all their guarantors for their help. Each of the group members received Rs. 8000/- as a microloan. Jamila Khatun used this loan to purchase more items for her grocery store to fulfill the growing demands of her customers. After taking loan her income and standard of living has improved. Her income has increased from Rs.1500/- to Rs.2500/. Maimuna Khatun has purchased two sewing machines and hired a person. She used to save some money now from her monthly income.

The group members are happy to take loans from Ajiwika as it takes repayments from its clients monthly where as other MFIs operating in this area require weekly repayments which is quite difficult for the clients. Recently, Jharkhand was declared as drought affected state but their business did not get affected. They are doing well.


Posted by Sandip Choudhury on Feb 27, 2010

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Dear Sandip, Great to know that the microloans are making a difference. Look forward to hearing more updates of the impact! Thanks for all your hard work. -Bhalchander
Posted by Shubha_Bala on   28 Feb 2010 10:45 PM

   
 
   
 
   
 
   
 
Rabiya Khatoon and 5 entrepreneurs

Ajiwika Society, India

$109.09 of $1090.91 repaid.

Rabiya Khatun and all her group members are very thankful to all their guarantors for their help. Each of the group members received Rs. 8000/- as a microloan. She expanded her tea stall. Her income has increased from Rs.2000/- to Rs.3000/- and standard of living improved. Her savings has also increased a little bit. Ruby Parween has purchased two sewing machines and hired a person. After taking loan her income and standard of living has improved. Her income has increased from Rs.2000/- to Rs.3000/. Nishat Parween used this loan to purchase more items for her grocery store to fulfill the growing demands of her customers. Her son is attending to school and she wants to give higher education to her son.

The group members are happy to take loans from Ajiwika as it takes repayments from its clients monthly where as other MFIs operating in this area require weekly repayments which is quite difficult for the clients. Recently, Jharkhand was declared as drought affected state but their business did not get affected. They are doing well.


Posted by Sandip Choudhury on Feb 27, 2010

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Abida Khatoon and 6 entrepreneurs,Banha

Ajiwika Society, India

$109.09 of $1090.91 repaid.

Abida khatun and all her group members are very thankful to all their guarantors for their help. Each of the group members received Rs. 8000/- as a microloan. After taking loan she has purchased products of different qualities to attract more customers. Due to increase in customers her income has also increased from Rs.2000/- to Rs.3000/- per month. Afda Khatun runs a tailoring shop. After taking loan she has purchased one sewing machine and has hired one person. She has also moved her shop to a road side where she gets many customers. Now she also saves some amount for the future requirements.

The group members are happy to take loans from Ajiwika as it takes repayments from its clients monthly where as other MFIs operating in this area require weekly repayments which is quite difficult for the clients. Recently, Jharkhand was declared as drought affected state but their business did not get affected. They are doing well.


Posted by Sandip Choudhury on Feb 27, 2010

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Rekha Devi and 4 entrepreneurs,Satar

Ajiwika Society, India

$90.91 of $909.09 repaid.

Rekha Devi and all her group members are very thankful to all their guarantors for their help. Each of the group members received Rs. 8000/- as a microloan. She has purchased two cows. Now she is able to supply milk to more customers. Due to the increase in income her standard of living has also increased. She also repaired her house. Mamta Devi used her loan amount in her fish business. she used to save some money now as her monthly income increased from Rs2000/- to Rs 3000/-. Her daughter is continuing her school.

The group members are happy to take loans from Ajiwika as it takes repayments from its clients monthly where as other MFIs operating in this area require weekly repayments which is quite difficult for the clients. Recently, Jharkhand was declared as drought affected state but their business did not get affected. They are doing well.


Posted by Sandip Choudhury on Feb 27, 2010

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Debi Devi and 4 entrepreneurs,Satar

Ajiwika Society, India

$90.91 of $909.09 repaid.

Debi Devi and all her group members are very thankful to all their guarantors for their help. Each of the group members received Rs. 8000/- as a microloan. She has purchased two buffaloes. Now she is able to supply milk to more customers. Due to increase in customers her income has also increased. Her children are going to school. karita devi used her loan amount to purchase more fish. Her nutrition has improved due to the increased income. Before taking loan her income was Rs.1500/- and after loan her income is Rs.2500/-.

The group members are happy to take loans from Ajiwika as it takes repayments from its clients monthly where as other MFIs operating in this area require weekly repayments which is quite difficult for the clients. Recently, Jharkhand was declared as drought affected state but their business did not get affected. They are doing well.


Posted by Sandip Choudhury on Feb 27, 2010

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