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Meet Microentrepreneurs from Asia

Vasanti Amin

India
Client of ACCION partner Swadhaar FinServe

Mrs. Vasanti Amin runs a small tea and snack shop. She has received two loans from Swadhaar. Her first loan of US$125 enabled her to build a small rack in her kitchen on which to place the 'vada pav' - a fried potato snack - to keep it hot. Once she paid back her first loan, she got a second one for US$200 and used it to buy new products for her business, including potatoes and oil. With the money she made selling these good she paid for her child's school fees. She hopes to quickly pay off her second loan and take a third loan, to increase the variety of food on her menu and attract customers during the busy festival season.