Moulding the future through Microfinance
Bulu Das, lives in Jhilikpara village of Mangaldoi, Assam. Her husband was engaged in seasonal business. Due to health constraints he was unable to maximize the time in the field for daily earnings which restricted him to run the household. Watching her husband’s struggle for few years, Bulu decided to become a helping hand and contribute towards income generation. She started her own pottery business a few years back to enhance their family income. They have two children - Son studying in 8th standard, and an elder daughter for whom she is accumulating money for her wedding. To improve their financial condition and help her husband, Bulu took a loan of INR 30,000 from Satin Creditcare Network Limited a year back for expansion of her pottery business.
Pottery refers to the creation of home utensils that are made up of hard brittle material produced from non-metallic minerals by moulding them while the material is wet and then firing them at high temperatures. They are often made up of clay, porcelain, steatite, etc. With that loan amount Bulu Das purchased raw materials in large quantity from suppliers in Mangaldoi town. Bulu worked 6-8 hours a day to make home utensils with her knowledge in pottery art. She sold her own creation in weekly bazaars held across many villages of Mangaldoi area. Watching her dedication towards pottery, her daughter supported her in daily activities. Though she does not have a permanent shop, people visit her house to purchase utensils. Initially she used to earn INR 250-350 a day, but now earns INR 600-800 per day which is a significant amount for her family.
She explained on how her confidence increased post availing the loan which now has motivated her to set-up a shop next to her house to strengthen the pottery business.
Her eagerness is to share positive messages with every woman in the village to step forward and support their families to earn a respectful life. She is thankful to Satin for not only making her economically strong but also become the reason for the smiles on the faces of women in the village “Our living standard and financial position in the society has gone up”- says a highly satisfied Bulu Das.