100%

funded

Total loan: $300

Binodini

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Khurda, OD, India / Food

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A loan helped to buy more stock for the expansion of her grocery store.


Binodini's story

Binodini, a middle-aged woman from Khurda, Odisha, has had a hard life managing her family of four, including two grown up children. Her husband who owns a grocery store provides the only income for the family, and his income is dependent upon the sale of products. Binodini sits with her husband sometimes in the shop to help him with the business, whenever she gets time.

Given that there is such a financial crisis in her family, Binodini has applied for a loan of 20,000 INR via Milaap's partner, MSF, to invest further in her family's grocery business.

With the help of the loan, Binodini will be able to buy more products from the wholesale market, giving her an edge over other stores. Previously her stocks were limited, and the loan will help her to get more stock to meet the demands of customers and help the grocery to grow in size.