Total loan: $250
Deoghar, Jharkhand, JH, India / Agriculture
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A loan helped to buy more hens.
Sahida, 20, lives in Parandih, Deoghar, a highly populated rusty town. Most people in this area work as labourers in the construction industry. She has a son studying in school, and a daughter goes to ICDS centre (pre-school). Her husband started poultry farming two years ago and is earning some profits. Sahida helps her husband in this business. They earn INR 200 daily and INR 20,000 per annum from agriculture. Sahida is a young, idealistic entrepreneur; she always looks for growth. She now wants to expand her poultry farm, for which she is asking for a loan to buy more hens for breeding. Not many families produce agricultural products in this area, and people normally buy food. This is where Sahida’s business is in demand, as people there prefer chicken. She believes that the supply and demand chain will allow her to have more customers, if only she can procure more. She is confident that the expansion will surely give her enough income to maintain her family and help her save enough money for her children’s education. Sahida believes that the surging market will increase demand, and hopes to keep growing.