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Case Studies
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Name
SMT No
Village
Centre No
Project
undertaken |
: Polanki Josephine
: 1874
: Nulakapeta
: 47
: Weaving coir ropes
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Plagued by debt and lack of access to credit, Josephine searched for avenues that could provide loans. A woman friend recommended Asmitha.
When Asmitha extended a business loan to Polanki Josephine, her small business was able was finally able to meet plans for growth. The loan helped the family in procuring raw materials that helped in getting rid of the mounting debts and also enabled them to expand their existing business.
The expanded revenues also enabled them to add two additional employees. With the support of her husband, she was able to expand her business and build a small house with the profits from her micro business.
"I thank God for always being with me, and Asmitha for giving me its support when I needed it most."
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