Tamilselvi, a 40-year-old woman from Alavaipatty village, Rasipuram Taluk, Namakkal District, is a successful micro entrepreneur managing a small grocery shop. However, her journey to success was not easy. Her husband and 27-year-old son worked as daily wage labourers while she used to sell garments by travelling from one village to another.While she was exploring avenues as a solution to her problem, she learnt about Fusion Micro Finance, an NBFC.
She decided to avail her first loan to start a grocery shop. With the regular income from the shop, she was able to manage the expenses of the household and support her family. Eventually, the business flourished, and she started making profits.
According to Fusion Micro Finance, over the years, she repaid on time and took further loan from Fusion that enabled her to expand the business. Tamilselvi says, “Fusion Microfinance helped me come out of the setbacks, and the company has shown confidence in me by giving me loans without any collateral.”