A loan helped to expand her women's accessories business by purchasing more items like bangles, necklaces, etc., in bulk.
Shardaben is 42-years-old. She is a married woman hailing from the district of Dahod in Gujarat. She sells women’s accessories. She wants to expand the business further so that it can increase her income to improve her living standards. This can be done by adding more items to her shop like bangles, necklaces, rings, purses, chains, etc. For this, she doesn’t have the sufficient capital and hence, she has applied for a loan of INR 25,000 from Prayas, a field partner of Milaap, which can ease the business expansion. She understands this can secure her future and she is thankful to lenders for helping her financially.
This loan is special because:
It enables entrepreneurs from vulnerable groups to increase their incomes.