Tara

Tara lives with her husband and two children, aged six and two. Tara did not attend school.

During the wedding season, Tara’s husband plays the Bhangra drum in a band. The wedding season, which is from April until June each year, is a period of higher income for him. Off season, he does construction, building homes.

Around three years ago, Tara’s family took a loan from an unregistered source in order to have a house built. The unregistered source charged around 10{2382e02857292b6eafd237571e3abe7645aa48c6a9d39376bdebe696ef57ad7b} interest per month. After the first loan, Tara took two loans from Margdarshak, an organization with microfinance services, on a one-year cycle. Each loan was for 15,000 [currency]. She took out her second loan from Margdarshak after her first one was paid off. Both loans from Margdarshak were used on her home. Previously, the family lived in a house of mud, but now they live in a brick and mortar building.

Tara has life insurance from a public sector company called Life Insurance Corporation (LIC) that was selling policies in her village. She saves money in her account at the State Bank of India. It is important for Tara to have her children attend college because “It makes them employable. They can work anywhere. They can earn money.”

Going forward, Tara’s husband is planning to own his own band so he can make more money.