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Total loan: $1,550
Venkadasalapuram Jlg 002 Group
Thuraiyur, TN, India / Arts
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Venkadasalapuram Jlg 002 Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy semi precious stones to start her stone work business.
Venkadasalapuram Jlg 002 Group's story
Shanthi is the leader of a group of 5 women. There are 4 more enterprising women in this group. All of them used to work as daily wage workers, but the job barely paid enough to raise their families. Shanthi is married and a mother of 2 children. Worried about her children's future, she wants to make more earnings, allowing her to save a part of it for future needs. She underwent training on doing stone work on sarees. Now she wants to set up a business of her own. The income she will earn from her new business will help her contribute more to the family's income. She is joined by the rest of the group in seeking a loan and they too want to set up businesses of their own. Thus they have applied for a loan. The loan amount will be used to purchase bulk stock of semi precious stones. She is confident that earnings after the loan will be better. Shanthi and her group are thankful to their lenders.