A loan of $3,900 helped a member to purchase thread/yarn and ready made garments.

Sri Purusottam Group's story

Tukla, located in the Nuapada district of Odisha, India is a rural village. In the year 2009, five women from the weaving and cloth business community stepped out and decided to build a secure future for their families with their contributions. They formed a group named Sri Purusottam to take a loan from Mahashakti Foundation for the development of their existing businesses. Since then, the group has already taken four loans from Mahashakti Foundation and has successfully repaid the loans.

Damayanti is the one standing in front with her hand raised in the photo. She is 25 years old and lives with her husband and two sons of 12 and 9 years old. Damayanti hails from a traditional cloth weaving community. She has been running a cloth weaving & selling business with her husband. Presently, she has two hand looms for weaving saris. Her husband purchases the yarn/thread from a trader 20 km away from her village. They knit 80 to 100 pieces from a bundle of yarn, which costs around 10,000-15,000 rupees. She only produces saris because of the demand in the market. Damayanti makes two pieces of sari per day. Apart from this, she also purchases ready made garments from the local market. Her husband goes to weekly markets to sell the clothes. From this business, she earns a monthly income of Rs 7,000, which is not sufficient to make her future dream materialize. With the present loan of 48,000 INR, she wants to buy bulk quantities of thread/yarn and ready-made garments to increase her income. Purchasing in bulk will help her to reduce the purchasing & transportation costs of the raw materials. Damayanti wishes to grow her business and save enough to construct a good house.

The other four members of the group are Pramila, Basanti, and Hema who are doing a cloth business and Padmabati, who is running a general store.

In this group: Padmabati, Damayanti, Basanti, Pramila, Hema

Loan details

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Loan details