Jaipur-based Garima Agrawal has always been passionate about teaching. After earning her postgraduate degree, she gained valuable experience and knowledge while working at Tata Birla Company. However, after getting married and moving to Hyderabad, she decided to put her skills to use by starting her own business.
With only one computer, Garima took the initiative to establish “Apex Computer Education” and offer live project training to students. Thanks to the institute’s growing popularity, she expanded her reach and accommodated more students, with her husband initially assisting with teaching.
However, Garima soon realized that her limited resources hindered her business growth.
“I faced many challenges in the beginning,” she recalls. “I had to put in a lot of effort to attract students to my institute. I was worried about how to expand my business and introduce new courses without enough capital.”
Despite these obstacles, Garima persevered. Her students appreciated her teaching methodology and recommended her courses to others, gradually increasing her student count. “I still recall there were just 2–3 students initially near my home who wanted to take professional courses. They joined my institute and recommended others as well,” Garima says.
As her institute’s popularity grew, Garima saw an opportunity to introduce a new course in SAP. However, the lack of funds remained a significant roadblock. “I was hesitant to introduce new courses due to a lack of capital. I wanted to expand my business and provide more opportunities for my students,” she explains.
But things changed when she came across Mahila Money, a full-stack financial products and services platform offering capital solutions for women entrepreneurs. Mahila Money gave her the required business loan to introduce a new course and expand her business. With the help of the loan, she increased her monthly income from 35K to 1–1.5 lakhs.
Reflecting on her experience, Garima said, “The business loan was a game-changer for me. It helped me to achieve my dreams and provide better opportunities for my students.”
With the loan, Garima could purchase the necessary equipment and start offering SAP course at her institute. This new course was a hit among students, and her monthly income increased from 30k to 50k. During summers, when the demand for courses increased, she earned as much as 1–1.5 lakhs.
Looking back at the influence of the business loan, Garima says, “Mahila Money helped me achieve my dream of expanding my business. The SAP course has been a great success, and I couldn’t have done it without the loan. My income has increased significantly. Not only has this helped me grow my business, but it has also helped me provide better opportunities for my daughter and help her fund her education at a leading university.”
With her institute’s success and Mahila Money’s support, Garima is now looking to expand her business even further and offer more courses to her students.
Garima’s story is a true inspiration for women entrepreneurs. Despite facing numerous challenges, she has managed to run her business successfully and continues to aspire for more. With their empowering #JiyoApneDumPe stories, entrepreneurs like Garima are setting the path for women in business. We are excited to witness their success and see how they are making a difference.
If you are a #JiyoApneDumPe woman entrepreneur who wants to take your business to new heights and needs working capital and entrepreneurship resources, speak to us on Mahila Money. Apply for a loan of up to 25 lakhs to fuel your business growth by downloading the Mahila Money App or visiting our website http://www.mahila.money.
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