100%

funded

Total loan: $575

Moumita

Nadia, WB, India / Arts

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A loan helped to purchase a new hand loom in order to make more profit and increase income by cutting the rent that they currently pay to the hand loom owner.


Moumita's story

Moumita is a 25-year-old married woman from a small village of Nadia district, West Bengal. She has a family of three members and a monthly household income of INR 7,600.

She and her husband are engaged in the weaving business. They purchase threads and weave saris and other types of cotton fabric for clothing. They weave on a rented hand loom and sell the fabric in the local market. The weaving is the main source of income for the family. The income is barely enough to cover the family and educational expenses of her children.

She plans to purchase a new hand loom in order to make more profit and increase income by cutting the rent that they pay to the hand loom owner. Hence, she has applied for a loan of INR 40,000 from Grameen Shakti, one of Milaap's field partners.

She and her family will be thankful to the lenders for their support.