Shamim Banu Neelsandra
Shamim Banu took her first Grameen Koota loan in 2002.
At that time, her family lived in a thatch-roofed hut and her husband supported the household with his wages from a handicrafts factory. With her first loan of Rs. 10,000.
Shamim Banu invested in resources that enabled her husband to make handicrafts like wooden toys and curios.
With subsequent loans, they steadily built their microenterprise with mechanized carving instruments, a dedicated workshop and artisans. Today Shamim Banu's workshop supplies some of India's largest companies. The family resides happily in a concrete house; Shamim and her husband are keen to put their children through college.