Started with no capital in 1992; the business now holds 25 lakh taka
She began in 1992 with no capital, only her craft skills. A bank loan came in 2012, and the business now holds 25 lakh taka of capital with 21 permanent staff.
This woman entrepreneur in Rupatali, Barishal started her workshop in 1992 with no capital at all, only her sewing and craft skills. Over nearly three decades the work widened into saris, tailoring, baking, beauty services and handicrafts. She took a bank loan in 2012 to expand further — formal credit reached her only after twenty years of trading. The business's capital now stands at 25 lakh taka, with 21 permanent staff and 20-25 part-time workers. She gives free training to unemployed, poor, widowed and disabled women, and that is also how she builds the workforce she cannot simply hire.
Lessons
- 1.Skill lets you start with nothing, but bank credit only came after twenty years of trading history
- 2.A craft business has to train its own workers, because ready-made skilled hands are not out there to hire
Published with the person's permission, without revealing who they are.
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