Ms. Umadevi from Kanakapura in Karnataka has been our customer for four years now and runs a grocery store to support her family of five.
Umadevi aspired to expand her business. She found the right impetus when one of our loan officers introduced her to the Grameen Unnati loan (the company’s high-ticket business loan of INR 2,00,000.) Speaking about her experience with the loan, she shares, “After learning about Unnati loan, I felt that its minimal documentation requirements, quick disbursal, and affordable interest rate features would benefit my business, while saving me from longer waiting periods.
So, I decided to apply for it. The loan was sanctioned to me within just 2 days of application and verification. I, then, utilized this amount as capital for my business. With higher capital investment flowing in, my business scaled up gradually. We are reaping good profits now.” With a smile, she adds, “I have availed loans from the company on multiple occasions. Be it for our business or our children’s education, the loans have helped us a lot. Thank you.”