The Spirit of Entrepreneurship Updated On 2017-10-31
Name of the enterprise: Mahima Readymade & Gold Covering Centre
Name of the entrepreneur: Manju
Date of starting enterprise:19/01/2017
Initial Investment: Rs.1,90,000
Additional Investment: Rs. 50,000 SVEP CEF
Source of investment: Rs.75,000 Gold Loan +Rs.5,000 Own Fund + Rs.10,000 Thrift Loan + 1,00,000/- Loan from financier
Profit per month (as of August, 2017): Rs. 15,000
Entrepreneur profile: Manju is an NHG member since 2007. As a student, for meeting her education expenses, she used to sell sarees door to door. This created a spirit of entrepreneurship in Manju. When she was visited by SVEP MEC Vijayakumari, this provided the missing motivation and support she needed to start the business.
Future plans: At present Manju wishes to expand the garment business to a better boutique in her locality. She is an expert in gold covering and ornament making, so she also plans to start a training centre for interested NHG members.
Entrepreneur Testimony:“I had already experienced the merit of business in my childhood. With better advice of SVEP MEC, I am now able to do a business of my choice which gives me great satisfaction and reward!”