Anandibai Yamgarnikar
Kolhapur
With clay in her hands, she is a magician. It isn't just the traditional art. It also fends for the bread and butter of her family. Like all businesses, the clay work too demands funding, primarily for the raw material. She is required to buy clay, moulds, paints, plaster, etc.
Her friend had been telling her about the Self Help Groups (SHGs) and the loan facility provided by Buldana Urban Co-op Credit Society Ltd. exclusively for them for quite some time. Being absolutely clueless about the installment amounts, she was naturally hesitant in the beginning. But when she came to know about the monthly installment amount, she was pleasantly surprised. Finally, in the month of March, she joined the SHG and decided to opt for loan. Her application was approved without any hassles, again to her surprise.
Already a few months into paying back her loan amount, she is now hoping for another loan for doubled amount to increase her business. Her smile speaks volumes.