Total loan: $4,250
Maa Samaleswari Group
SINAPALI, NUAPADA, ODISHA, OD, India / Clothing
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A loan helped To purchase fancy garments to sell.
Maa Samaleswari Group's story
In the year 2014, 16 active ladies from village Sinapali in the Nuapada district of Odisha, India formed a Self Help Group (SHG) named Maa Samaleswari with an objective of expanding their existing business by taking a loan from Mahashakti Foundation. Bhanumati, an energetic lady of 27 years sitting with her hand raised in the photo, is one of them. She is very active and always cheerful. Her family consists of her husband and four children who are continuing their studies. For the last 10 years, Bhanumati is running a clothes-vending business with the help and support of her husband. She purchases ready-made garments and saris from a wholesale market 200 kilometers away. Her husband moves to different villages and weekly markets on a bike to sell saris and garments. She earns a monthly income of 8,000 INR from her existing business. But the present income is not sufficient to manage the business expenses, household expenses and educational expenses of her children. Bhanumati wants to raise her income by increasing the volume as well as the coverage area. So from the present loan of 16,000 INR, she is planning to purchase some quality fancy garments for selling. Bhanumati assumes that this will definitely generate a handsome extra income. Bhanumati has a dream of saving enough to purchase a bike for smooth movement and to give a better education to her children. The other 15 members of the group are doing various businesses like cloth vending, general store, tailoring center and vegetable vending.