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HOPE Case Studies - Andhra Pradesh Academy of Rural ...

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The couple decided to start a small business.After much thought, they decided to start aLadies Emporium. The village had a population<strong>of</strong> more than 9,000 and there was no shop thatsold products exclusively for women. Womenused to visit the neighbouring village to maketheir purchases. There was a great need for ashop that catered to women. This promptedSujata and Satyam to think <strong>of</strong> this as a businessopportunity.Sujatha proposed the idea at a meeting <strong>of</strong>the self-help group, and got a loan <strong>of</strong> Rs.6,000from the Entrepreneurship Development Fund.She took a loan <strong>of</strong> Rs.4,000 from friends andRs.5,000 from her parents. Together, thisamounted to Rs.15,000 for investment in thebusiness. They rented a shop on the main road<strong>of</strong> Mulugu for Rs.600 per month. They spentRs.5,000 on furniture and gave Rs.1,200 as anadvance on the rent. They bought goods worthRs.8,800. Thus the Durgabavani Ladies Emporiumwas born. It is one year since the shop startedfunctioning. They fumbled in the beginning,as they didn’t know how to run a business ormaintain accounts. But as there was only oneshop in the entire village, the business pickedup quickly. They made Rs.3,000 as pr<strong>of</strong>it onthe initial investment. The business has sinceprogressed rapidly to provide a pr<strong>of</strong>it <strong>of</strong> aboutRs.3,000 every month. During the weddingseason, their sales touch volumes <strong>of</strong> Rs.1,000to Rs.1,500 per day, which means a pr<strong>of</strong>it <strong>of</strong>Rs.300-400 per day. Sujatha is repaying the loanat Rs.400 per month. The couple contributes to achit fund <strong>of</strong> Rs.50,000, which they intend to useto expand their business. Sujatha and Satyamdream <strong>of</strong> giving their children a good educationso that they can have a better future. They donot want their children to struggle like them.Their children now go to Saint Mary’s EnglishMedium School in Pragnapur, a bigger villagenearby. They spend Rs.900 on their children’seducation alone.The watershed programme has changed theirlives for the better, forever.Satisfied customers at the Ladies EmporiumA happy SujathaTHE BIRTH OF THE LADIES’ EMPORIUM7Hope_<strong>Case</strong><strong>Studies</strong>_BK.indd 71/7/2008 10:43:26 AM

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