Featured borrower: Sarnamma Thulasilam | Milaap

Featured borrower: Sarnamma Thulasilam

Funded Rs.0
Required Rs.50000

Purpose: To buy raw materials for her business

28-year-old Sarnamma lives in the village of Byrathi with her husband and son. She is working as a tailor and her husband works as a driver. Together, the family earns a monthly income of Rs 11,250. With a loan of Rs 50,000, the family will be able to invest in a small business manufacturing bags, cushions, mats and boxes. They will use the money to purchase machinery and raw materials. Having a monthly saving of Rs 6000, the family is confident that they can fully repay the loan at the end of the 24 month loan cycle.