Rafana a 23-year-old woman from a small village in the Arariya district of Bihar, is actively involved in the paddy [unhulled rice] and rice business. She purchases paddy directly from local farmers, processes it, packs it, and sells it in the local market. Her business plays a crucial role in supporting her family of two, with a monthly income of INR 21,000 and savings of INR 13,500.
Rafana is determined to expand her business to increase her family’s income. However, due to limited capital, she is unable to stock as much paddy as she needs to meet the growing demand in her local market. With a loan, she plans to purchase more paddy in bulk, which will allow her to enhance production and profitability.
Rafana leads a group of fifteen women, all of whom have come together to apply for a group loan of INR 630,000 to invest in their respective businesses. Rafana is optimistic that this investment will help her business thrive and boost her family's financial stability. Rafana and her friends are deeply grateful to the lenders for allowing them to grow their ventures and improve their families' livelihoods.
In this group: Soni, Nikhat, Asara, Jha, Julekha, Bechani, Moso, Samabari, Janbi, Rina, Joaishan, Rajna, Sabera, Rafana, Reshami