As the case study, it was chosen the Agriculture sector where we have empowered a woman to build up her future and micro business venture through our microfinance loans system. She is Mrs. S. D. G. L. Senadeera residing at No. 158/1, Polhena, Madapatha, Piliyandala and born in 1991. She is married and her husband is Mr. D.K.Hathamunage who was born in born 1984. As they were introduced to the Sewa Community Credit, they have encountered a numerous difficulties over living and were struggling to survive with their small business venture without sufficient funds. Situation was so aggravated because they were having two kids 02yrs son and 18 months daughter respectively and living in a partially completed house even not having minimum requirements. Their business venture is green leave plantation because they are residing near river. What the factor hindered was, although there was adequate water in the river, they were unable to supply same water to the green plant fields in proper manner because of lack of funds.
Meanwhile they got a chance to meet one of our field officer and collected information about the micro finance system which was totally dedicated for strengthening lower income generators financial ability. After conducting of basic requirement analysis, they were granted loans one after another with the successful repayments and completion of each loan. Thereby three loans were granted as follows.
- 0089-1229 First loan of Rs. 25,000/-, As an expansion to the existing, buying additional plots for cultivation.
- 0089-2812 Second loan of Rs. 35,000/-, Expansion and cutting special type of drains for fulfilling water requirement of the cultivation as it requires a very high volume of water.
- 0089-3391 Third loan of Rs. 45,000/-, Further expansion of cultivation and it is closely 5 times
0089-1229 the initial land area after 18 months
Present annual income details are as follows
Income-mukunuwenna Rs 450,000/-
Income-Gotukola Rs 400,000/-
Total income Rs 850,000/-
Less expenses-fertilizer, urea etc Rs 406,200/-
Less for expenses-transport, labouretc Rs 60,000/-
Less other expenses Rs 60,000/-
Total expenses Rs 526,200/-
Annual Rs 323,800/-
Profit monthly Rs 26,983/- Rs 27,000/-
To minimize the labour cost they both work together to maintain plants and manure on time etc. They are intact on keeping business expanding while gradually increasing the land extent. Biggest confronted challenge in aforesaid expansion is finding labour for deepening drain system to supply water for plants. It is tangible that cutting drains etc. through marshy land is very difficult. Therefore underground or surface tube supplying system is necessary. Another identified challenge is water flood situation where river is overflowing due to heavy rains and causing damage to the cultivation.
Presently selling to Lorries or retail sales are done at site in morning hours. It is more profitable to dispose the cultivation to the super markets. All loans were granted according to their capacity.
They have indicated on time very good recoveries for all three above loans given for past 3 years.
Using this money to maintenance of present cultivation, daily household expenses, expand present business .After paying all dues she kept some money as savings for the future of their children.
Additionally, they are now owners of a new three wheeler.