Total loan: $4,475
Ann Chaitanya Thakura Shg Group
Odagaon, Odisha, OD, India / Arts
Ann Chaitanya Thakura Shg Group's loan finished fundraising,
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A loan helped to purchase a wide variety of threads with the goal of improving her weaving production.
Ann Chaitanya Thakura Shg Group's story
The Group “Ann Chaitanya Thakura Shg” is composed of eleven members and is about to begin its first loan cycle with Peoples Forum. Bela, a 48-year old woman, is the secretary of the group who dreams of creating a better and more prosperous future. The owner of a weaving business, Bela has been creating traditional clothing since she was a child. Because Nayagarh, Odisha attracts tourists, Bela wants to have plenty of inventory on hand so that she can earn income to help support her family. Her biggest dream is to save money to build a house. She plans to use her loan to purchase a wide variety of threads with the goal of improving her weaving production. The ladies of the group have improved their quality of life because of their increased knowledge about a variety of subjects. A portion of their monthly meetings is set aside for educational purposes. A Peoples Forum Loan Officer shares relevant and useful information with the ladies on a wide variety of subjects including business management, preventative health, nutrition, hygiene, self-esteem and women’s rights. The ladies learn how to use their loans most effectively as they learn about business planning, budgeting, accounting, marketing and customer service.