Started making children's clothes with Tk 15,000, borrowed Tk 30,000 for a showroom; now a crorepati
A homemaker in Chattogram started with Tk 15,000, making children's clothes and punjabis for the local market. With Tk 30,000 borrowed from a relative she opened a showroom and now owns a boutique and a beauty parlour.
A BSS report cites a homemaker from Chattogram city as an example of women's entrepreneurial success. Her starting capital was only Tk 15,000. With it she made children's clothes and punjabis and supplied them to the local market. Seeing her interest, a relative came forward. She borrowed Tk 30,000 from that relative and opened a showroom for her products at Chowkview Market in Chattogram. Success then kept coming step by step. She is now the owner of a boutique house and a beauty parlour. In the report's words, having started with Tk 15,000, she is today a successful entrepreneur and a crorepati. Her story of struggle is included in a chapter of the class nine-ten book on business entrepreneurship, to inspire business studies students. The report also says banks have been told to lend to three new women entrepreneurs per branch, and that in special cases loans up to Tk 25 lakh are available without collateral. The story shows it is possible to start small by making clothes at home and later move to your own showroom.
Lessons
- 1.You can start with a very small sum by making children's clothes yourself, which keeps rent and stock pressure low.
- 2.Supplying the local market first to gauge demand, then moving to a showroom, is a safer path.
- 3.Put borrowed money into a specific use like a showroom, and check the banks' women-entrepreneur loan options.
We published this with the person's permission, without revealing who they are.
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