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| First Evaluation
: Loan Helps
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| We met Rakhi at her residence and she runs a small grocery shop in the front area of her house. The loan amount of Rs.5000 has helped her to bring in daily items required for a grocery shop and also renovate the shop a little. The loan was of a great help to enhance her business. Her husband also works in the same grocery shop and they earn Rs1200-1300 monthly. Yet savings are nil as they put in the income earned in the education of their two daughters, who studies in a government school. She was aware of the interest rate of 8.5 per cent and repays regularly every week and signs in the loan card in the presence of the loan officer. The stocks have again gone down as the demand for the grocery shop has increased. Hence, after repaying the money in full she has a urge to take up loan on the second cycle and utilize it for the best possible reason and earn a better living. |
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Evaluated by
Aritri
5 months ago
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| Borrower DetailsView borrower profile |
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| Location :
Debberiya,
West Bengal
Activity : General store
Current Loan Status : Repaying
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| Rakhi has a small grocery shop in her locality and is facing stiff competition from new joints. She plans to bring in more stock like potato, rice, sugar etc from wholesale shops and sell it to her customers. Her husband, Mohan, also works in the shop while their two children are at school. |
| Published on : 13 May 2011
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| Field PartnerSee all field partners |
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Sripur Swami Vivekananda Welfare Society (SSVWS)
South 24 Pgs, West Bengal
Sripur Swami Vivekananda Welfare Society (SSVWS) is a rural development Organization. The organisation is registered as a Society and has been working in and around the 24 Parganas region since 2006. SSVWS believes in social economic and cultural development of the neglected section of the society, especially women through micro-credit along with technical help in client friendly manner. ... read more
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