|A roadblock along the way
Just as things were looking up, home responsibilities and adjusting business to their son’s school timings played spoilsport. Home, business and education expenses left little or nothing to put aside for expansion. Additionally, financial institutes and banks closed their doors when the Bagades could not furnish the relevant documentation. Once again the future looked bleak.
deAsra – a ray of hope
Just when the Bagades had given up hope, they were introduced to the deAsra Foundation, a not for profit association formed to contribute to social welfare by allowing entrepreneurship, which will create employment opportunities.
|After listening to their early life, struggle and business ideas, deAsra evaluated ways to help them find a solution. By examining their business model in depth, deAsra helped them redesign every facet of their business by maximizing revenue, calculating the profit margins and formulating the procurement and supply chain plan. Additionally, the deAsra team went the extra mile and procured funds for the Bagades, by providing a guarantee, in their personal capacity.
Now with their financial needs taken care of with the help of deAsra Foundation, Snehal and Dattatray, explored the feasibility of moving from their current retail market business to the wholesale market business and have successfully moved ahead. Today, Snehal is confident enough to soon starting her own manufacturing unit and deAsra promises help and support her in the endeavour.