Total loan: $2,000

Sangeeta Shailesh's Group

Badwani, MP, India / Retail

Sangeeta Shailesh's Group's loan finished fundraising, but these other borrowers need your support

A loan helped to purchase more items for her inventory and expand her accessories business.

Sangeeta Shailesh's Group's story

Jayshree, 36, is a female entrepreneur who hails from the Badwani District of Madhya Pradesh, where she lives with her husband and three children - two daughters and a son. She has her own women's accessories' business, through which she sells hair bands, earrings, necklaces, bangles, etc.

The current monthly income for this household is 10,000 INR, which is not sufficient for this family of five to subsist on going forward. The children's educational expenses are also on the rise, along with inflation of essential commodities.

The existing level of income is not enough to cover her household expenses and to this end, Jayshree is requesting a loan for her business, to earn a higher income. Jayshree is joined by 11 other women who wish to expand their respective businesses, but lack the funds to do so. Together they are seeking a group loan.

Jayshree will use her portion of the loan amount to purchase more variety of items for her store and sell larger quantities. Similarly, the other group members will use their loans to purchase raw materials and stock for their respective businesses. Your loan will help uplift these female entrepreneurs and their families.