Nirmala Singh lives with her family of five in Adarsh Nagar locality that comes under Bilaspur in Chhattisgarh state. She has been associated with Sambandh FinServe for over three years through a group called “ASTHA”. Nirmala always wanted to do something on her own so that she could contribute to the family income and support her husband who runs a small bicycle repairing shop. She needed capital to start her own business and to apply for a credit. Due to lack of documentary proofs which is a mandatory requirement by banks for loan application, she was unable to get any credit from any bank.
Later, she learnt about Sambandh FinServe which was working in her vicinity, providing micro credit to low income households. Nirmala joined Sambandh’s ASTHA group and after receiving training on money management she took her first loan of INR 20,000 to start stationary-cum-fancy store. Since then Nirmala hasn’t looked back and has devoted time towards the expansion of her business which has paid off quite well for her and her family. Currently she is into her 3rd loan cycle and has taken INR 50,000 to increase her stock in shop due to increasing demands from customers. With the increased income she able to provide better education to her children. She thanked Sambandh for the timely assistance and sharing the knowledge on household budgeting as well as savings that helped her in taking wise decisions with respect to managing her funds.