| Success story of the Entrepreneur - Case Study-9 |
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Page 10 of 55 Case Study-10About the Entrepreneur Name: Moti Madi Location: Past activity: House wife Present activity: Entrepreneur Name of the business unit: Bamboo work Previous Income: Nil Present Income: Rs.1, 000.00 per month Moti Madi belongs to Baliguda village, Gumma Blok, district of Malkangiri. She is staying with her husband and three children. Today, Moti is very involved in her group. She is the Secretary of her group.Moti Madi koted works on a basket family found work as day labourers. During the rainy season, the agents stop coming to visit Moti’s family. There is less demand for the products overall, particularly for the baskets that are often used at construction sites which are shut down during this season. As a result, the family sells what they can in Baliguda village. On average, they will sell around 10-15 baskets twice a month in the village compared to 25 baskets during the winter and summer seasons. As a result, before joining her Self-Help Group, during difficult periods like this Moti and her husband were often forced to use moneylenders at rates ranging as high as 10% if they refused to give up jewellery as collateral. Before joining With the intervention of BISWA, She was aware about Micro-finance loan. BISWA started a Self-Help Group called Maulima-19 that was forming in Baliguda. Moti took Micro finance loan Rs.5000 for purchasing bamboo and export. BISWA provided her training on bamboo craft. To cut costs even further, the family began planting their own bamboo trees. Although the trees were planted three years ago, it will be another two years before they will be ready to utilize for weaving. Still, growing their own raw material is extremely beneficial. Currently, they have to pay 500 rupees to rent a truck each month and bring in a load of bamboo. Also, the bamboo costs around 60-70 rupees per stick. One bamboo stick can make around seven baskets. Usually, the family can only afford to buy around 50 bamboo sticks per month after factoring in the transportation costs. She is the first person the women go to when they have a problem or need advice. The group in general is doing very well and now each member contributes 100 rupees per meeting towards the group savings. She says that she usually has no problem repaying the debt, but on occasion she has missed a payment if that money is needed instead for a family member's sickness or another priority. Moti has no clear plans for the future and prefers to take things one day at a time. She wanted her children to continue their education and get jobs but they seem to keep failing out so they end up working at home as bamboo weavers. Still, Moti is overall happy with the progress she has made in her life and enjoys her SHG involvement. "Because of the group," said Moti, "We are not blocked by the scarcity of money; there is always enough.” Now her monthly income is Rs1, 000.00 |
| Last Updated on Thursday, 20 November 2008 09:46 |
