Loan Details

Amount Rs. 10,000
Status 100% repaid
Repayment mode Monthly
Number of installments 12
Estimated disbursal date 04 Jan 2013
Disbursed on 09 Jan 2013
Last repayment date 04 Feb 2014
Interest Rate 8.5% flat p.a.

Nani Mali

Flower business
Jhabua, Jhabua, Madhya Pradesh

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Current Loan Status : Repaid

Nani Mali is 50 years old, a widow and lives with her son who works at a kirana store. Nani has never been to a school but still makes a living out of selling different flowers according to the season. She goes selling these flowers near temples or from door to door. Nani has been in this trade for the past 8 years and her earlier loan was availed for the same trade. She now requires a new loan to keep her business going. She can use the loan to purchase flowers in bulk from the wholesale market and sell them to the shops in and around her village at a good margin. She has repaid her previous loan in full.

Written By :  Annie Jacob
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Balavinayagam Rajagopal

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Shashank Verma

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Prayas Jhabua

State:Madhya Pradesh

PRAYAS is a voluntary development organization working to help vulnerable groups of society through capacity building activities, natural resource management projects, microfinance programs and livelihood activities. The primary strategy is to provid ...  read more

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