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Bandana Devi & 5 entrepreneurs, Chakri Pahar

Ajiwika Society, India

$300.20 of $1091.65 repaid.

Bandana Devi and all her group members are very thankful to all their guarantors for their help. She has purchased more items for her grocery store to meet the demands of her customers. Her business has increased and her income as well. Before taking the loan her income was Rs.3000/- and now her income is Rs.4000/-. Her children are attending a nearby school. She wants to give them better education. Due to the increase in income her standard of living has also increased.
All the group members are happy to take this loan from Ajiwika as they have to make monthly repayments where as other MFIs operating in this area require weekly repayments which is quite difficult for them.


Posted by Sandip Choudhury on Apr 12, 2010

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Pinki Devi and four entrepreneurs, Bhavanipur

Ajiwika Society, India

$250.17 of $909.71 repaid.

Josna Devi and all her group members are very thankful to all their guarantors for their help. They are very happy to have loans from Ajiwka. She used this loan to purchase more items for her shop to fulfill the growing demands of her customers. Ashoka Devi also used her loan amount for expanding her business and now she is serving to more customers than before. Each of them received Rs. 8000/-(USD177) as a micro-loan. There business has increased and her income as well. They are doing well and after repaying this loan they want a bigger loan to expand their businesses further.

According to them : we thanks to the the guarantors who helped us and they also says that though these peoples stays far from us to whom we haven't met but then also they helped us in our needs and we will always remember them.

All the group members are happy to take this loan from Ajiwika as they have to make monthly repayments where as other MFIs operating in this area require weekly repayments which is quite difficult for them.


Posted by Sandip Choudhury on Apr 12, 2010

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Lalita Devi & five entrepreneurs, Bhavanipur

Ajiwika Society, India

$300.20 of $1091.65 repaid.

I met Revati Devi and few of her group members, they were very thankful to all their guarantors for their help. Each of them received Rs. 8000/- as a microloan. She was able to buy two sewing machines with the loan and has also employed two people to handle the increasing number of customers. Her income is now Rs3500/- and she is able to save a little. Kajal Devi also expanded her tea shop and now she is serving more customers. Kavita Devi also purchased tailoring machine for her business.
All the group members are happy to take this loan from Ajiwika as they have to make monthly repayments where as other MFIs operating in this area require weekly repayments which is quite difficult for them.


Posted by Sandip Choudhury on Apr 12, 2010

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Mita Devi and four entrepreneurs, Bhojpur

Ajiwika Society, India

$327.50 of $1091.65 repaid.

Mita Devi and all her group members are very thankful to all their guarantors for their help. She is very happy by getting this loan she makes packets of popcorns and other food products. Using the loan Shanti Devi bought sewing machine and handling her customers smoothly. Her nutrition has improved due to the increased income. Dulari Devi invested the capital amount in her hotel to expand it and now she is able to serve more customers than before. There business has increased and her income as well. They are doing well and after repaying this loan they want a bigger loan to expand their businesses further.
All the group members are happy to take this loan from Ajiwika as they have to make monthly repayments where as other MFIs operating in this area require weekly repayments which is quite difficult for them.


Posted by Admin user on May 19, 2010

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Afsana Khatoon and 4 entrepreneurs,Mandai

Ajiwika Society, India

$363.64 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


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