Meet HerVikasChampion Tamilselvi S., who runs Tamilselvi Appalam Company in Madurai, Tamil Nadu. Her entrepreneurial spirit drove her to begin her personal enterprise as a means of creating an earnings. In 2007, she began off with a small unit and 2 staff, making appalam. After some time, her small enterprise witnessed a progress spurt, so she upped the variety of staff to 4, and finally to 7, and began churning out her product in better portions. After over a decade of efficiently working her firm, Tamilselvi realised that in order to assist her enterprise continue to grow, she wanted a capital infusion. Her plans have been practically thwarted, nonetheless, when she discovered herself turned away by a number of lenders when on the lookout for a enterprise mortgage in Tamil Nadu. At simply the correct time, she was approached by a Kinara consultant, and the remaining is historical past.
She shares, “Kinara provided me with a special business loan for women under HerVikas, and with that investment, I was able to expand my business further. I more than doubled the number of employees to 15, and my turnover increased from around Rs. 20,000 per month to Rs. 50,000 per month! My business is doing very well, and I have been able to use the income to put my children in a good school. I even recommended Kinara Capital to other women-owned businesses, and each one of them has been extremely happy with their services. Thank you, Kinara!”
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