A loan of $375 helped to buy fish in bulk for drying and selling during the monsoon season.


Sumitra's story

Sumitra is 28-year-old lady staying with her three sons, a three-year-old and two-year-old twins. She lives in a village close to the beautiful Chilika lake; one of the biggest lakes in Odisha. Fishermen of the nearby villages are depending on this lake for their livelihood. Sumitra got married to Debendra Jali in 2007. Like any other village folk, her husband was a fisherman who went to Chilika for fishing. Unfortunately, she lost her husband in 2011 in an accident when he went for fishing. Since then she has been working hard to support her children. She started the business of selling fresh fish and dry fish. Drying the fish is a way of preserving the fish for future use by drying them in the sun until water is completely evaporated. Dried fish has a storage life of several years. Dried fish is used in different delicacies as fresh fish is and is very popular in the region. She buys fish directly from the local fishermen and sells some of them fresh and dries some of them to sell as dried fish. She purchases and sells 10 to 12 kg of fresh fish and 18-20 kg of dried fish by roaming door to door in the nearby villages. She earns 3500 Indian Rupees (INR) per month. She has applied for a loan of 20,000 INR so that she can purchase the fish in a bulk amount to make more dried fish and stock up during the monsoon season. There is a huge demand for dried fish during the monsoon season as not much stock is available in the market. So, she can get a better price as well. This loan will help her increase the working capital to run her business, increasing her revenues by almost 50% giving 5000 to 6000 INR per month. She wants to save enough to give her three children a good quality of life and send them to school. She wants to see them educated, working at MNCs and not as fishermen.



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