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Snehalata Nayak


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Tailoring

Kahalia , Balasore , Orissa

Being a 'working woman' is not an option for Snehalata a mother to two college-going sons Purna (19yrs) and Rajesh (16yrs). Her husband Khagendra Nayak (41yrs, 4th class) is a laborer, earning a meager Rs 3,000 per month. Snehalata's endevor is to provide their children with quality education, despite their limited means. This small family of four hails from Nilgiri (Balasore district, Orissa). Snehalata?s appearance belies her 6 years of experience in the Tailoring business set up by her, using a loan of INR 5000. What started with a single sewing machine and a handful of small-jobs from local shops, promises to become a stable means of livelihood for this family. This loan repaid, she now requires Rs. 10000 to take on more volume of Tailoring jobs. This will enable her to offer customers a wider range of services, thereby increasing revenue and build a loyal customer-base.

Current Loan Status : Repaying

Loan Details

Amount Status Tenure Important Dates Interest Rate
Rs. 10,000

41.6%

repaid

12 Months

Invest by: 26 Dec 2012

Disbursed on: 28 Dec 2012

8.50% flat p.a.
(see APR)
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Nari & Sishu Kalyan Samittee

District :  Balasore

State :  Orissa

Nari & Sishu Kalyan Samittee (NSKS) is a development support organization evolved through a process initiated in 1995 by a group of social workers who believe that community organization at the grassroots and human resource development is the key to ...  read more