Sarees and more : Asha’s Loan-Powered Transformation
5 min read | 6 months ago
Asha - Mumbai, Maharashtra
Having a small shop in Borivali was what kept Asha busy and financially independent. Her husband worked tedious hours to help support the family. That’s when she decided years ago, that she will support her family financially too. She put up a small shop with just one sowing machine. She would stitch saree blouses and do small embroidery work for her customers. As her business started picking up she invested in another machine and slowly hired someone to work for her.
After her son’s wedding, she even encouraged her daughter-in law to help her at work. Their business picked up and she decided to expand her business into import of sarees and kurtis from Gujarat too. She took a loan from Centrum Microcredit and was able to buy material for her business expansion plans and not only help her expand her business but also employ women who are able to support their family in turn.
She explained to us how she boosted her own confidence after she took the loan and She is really thankful to Centrum to not only make her financially independent but also be a reason for the girls she employees to wear a respectful smile
About Unity Small Finance Bank
Unity Small Finance Bank is committed to making banking simpler and more accessible for everyone. Our services include Savings Account, NRI account, Current Account, Fixed Deposits, and Personal Loans offering flexible tenures and attractive interest rates. We also offer financing options like MSME Loans and Microfinance to support businesses and underserved communities. Learn more about Unity Small Finance Bank here.
