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Progress Reports

   
 
   
 
   
 
Maya Devi and Group, Dhatkidih

Ajiwika Society, India

$743.42 of $877.19 repaid.

Maya Devi and all her group members are very thankful to all their guarantors for their help. Each of them received Rs. 8000/- as a microloan. Maya Devi was able to purchase two cows and feed with the loan. She is now able to supply milk to more customers. Her income has increased from Rs.2000/- to Rs.3000/- and her standard of living has increased a little bit. She is also able to save something. Her children are happily attending school.

Bindu Devi has was able to purchase one sewing machine, hire one person and furnish her shop. She is now able to serve her customers better. This loan has increased her income and savings.

Shanti Devi has purchased more products for her shop allowing her to fulfill the growing demands of her customers for different products. She is happy that her income has 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. After repaying this loan they want a bigger loan to expand their businesses further.


Posted by Supriya Nadig on Dec 15, 2009

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Looking at the rate of repayments of the loan, it looks like this and most other groups are making very good progress. Naturally there might be seasonal changes, but so far this is looking very positive!
Posted by Andreas on   07 Jan 2010 03:13 AM

   
 
   
 
   
 
   
 
Serun Bibi and 4 entrepreneurs, Heth Nawadih

Ajiwika Society, India

$478.47 of $869.94 repaid.

Serun Bibi and her group members have received a loan of Rs.8000/- each. After taking loan Serun Bibi has purchased more chicks, feed and vaccine for her poultry farm. She is now in a position to supply more chicken. This has helped her to boost her income and her income has increased from Rs.3000/- to Rs.4000/- per month. This increased income has helped her to improve the living condition of her house.


Posted by Admin user on Dec 15, 2009

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Sita Devi and 4 entrepreneurs, Devpahari

Ajiwika Society, India

$478.47 of $869.94 repaid.

Sita Devi and her group members have received a loan of Rs.8000/- each. After taking loan Sita Devi has expanded her grocery shop by buying more materials to woo more customers. Her customers are happy to buy from her shop as she is able to provide the required products. This has helped her to increase her income. Her income has increased from Rs.3500/- to Rs.4500/-. As income has increased she is also saving something to meet the contingencies.


Posted by Admin user on Dec 15, 2009

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Babita Singh and 4 entrepreneurs, Belabagan

Ajiwika Society, India

$478.47 of $869.94 repaid.

Babita Singh and her group members have received a loan of Rs.8000/- each. After taking loan Babita Singh is able to buy and store more milk and milk products. Her customers have increased and income as well. Her income has increased from Rs.3000/- to Rs.4500/-. Her one son is now attending a private school.


Posted by Admin user on Dec 15, 2009

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Rita Pradhan and 4 entrepreneurs, Belabagan

Ajiwika Society, India

$478.47 of $869.94 repaid.

Rita Pradhan and her group members have received a loan of Rs.8000/- each. After taking loan Rita Pradhan has purchased two sewing machines and hired one person. Due to the increase in capacity she is now able to serve more customers. Her income has increased from Rs.3000/- to Rs.4500/- per month. This income has helped her to improve the sanitation in her house.


Posted by Admin user on Dec 15, 2009

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