Once struggling to make ends meet as daily wage earners, a group of women in Kolumam village have transformed their lives through sheer determination and a helping hand from ICICI Bank. The Meenvalai Thozhil Self-Help Group started small, renting out fishing nets to make a living. But these women had bigger dreams. With a loan from ICICI Bank and guidance from Vidiyal Social Service Trust, a Self-Help Group Promoting Institution, they ventured into manufacturing their own fishing nets.
Since securing a loan in May 2023, the SHG members in Kolumam village have experienced a positive transformation in their lives. With increased income, they've managed to enhance the living conditions of their families, ensuring their children enjoy a brighter future. The group has gradually built a reputation as a trusted supplier of fishing nets in Kolumam village, with their earnings steadily increasing. The additional funds have enabled them to invest in essential equipment like a generator and an electric motor, streamlining their operations and increasing productivity.
Today, their business is thriving. The women have not only doubled their income but have also invested in modern equipment to boost production. This success story is inspiring others in the community to dream big.ICICI Bank's support has been instrumental in this transformation. By empowering these women, the bank has shown that even a small loan can create a ripple effect of change.
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