Never thought that we will start a Coir Business says Dhanalakshmi from Ambajipet

19 July 2014

My name is Daara Dhanalakshmi and i am from Ambajipet Mandal. My husband’s name is Anandarao. “Bosco Swalambana MAC” society has conducted a seminar in our village in which they explained about the rules and regulations of the Micro Credit Program. After listening to them and understanding the guidelines i joined the society immediately. Its already been 4 yrs that i am associated with the MAC society.

After saving regularly with the society I got the first loan of Rs.5000 with which we started a business. I have repaid the first loan with interest and principle. I have got the second loan of Rs.10,000 and third loan of Rs.15,000 which i repaid gradually along with interest amount. The Bosco society has given us loans at a very low rate of interest. I started a business of making coir.My husband also joined along with me and supported the business. Now we have employed three laborers and  paying monthly wages to them. We are gradually improving our business and to still expand it we have applied a loan application in the society and we are happy that the society has approved our loan. With the income we are getting in the business we are making our children study well.

I thank the BSK and the MAC society for helping us and giving the guidance in making our living better and leading a happy life