Sunday 11 October 2009

Kurnool flooded: Young women entrepreneur dreams shattered

U Sudhakar Reddy/Kurnool
An young women entrepreneur who was dreaming to make big in saree industry never though that floods will water down her hopes. An 19-year-old K Mahadevi after the death of her father recently didn’t give up her hopes along with two other relatives she took a loan from Andhra Bank under PMRY scheme and set up a saree making and selling unit in her house in Sankalpbagh in Kurnool.
Mahadevi says ,” I took a loan of Rs 5lakh and set up this unit along with two others K Vijayalakshmi and K Swarnalatha. We have stocked up the sarees made and they were ready for sale. I was hoping that all our hard work would bail out my family. But as the area is flooded and the sarees soaked in mud water for four days and they are all spoiled unfit for sale,”Her mothr K Sivamma and maternal uncle are worried over clearing the debt.The family has invested their savings too. “we are selling the sarees in the locality on instalment basis. Already we have sold salaries and people pay us the money in instalment. Now all these colonies are damaged. We don’t have a hope that people will pay the money for already sold,” says K Sivamma mother of Mahadevi.
The family has to repay the loan in ten years. It was a common sight at several places where people are washing their clothes in Rozaveedhi, Prakashnagar, Narsingarao pet, Budhavarapet and Kummari Veedhi.Ms Ghousia Begum of Rozaveedhi says ,”we came back here today. Everything is lost. All electronic goods, clothes and material are lost,”Several of the students have lost their certificates and residents their land documents and other vital property papers in the flood mud.Mr Lakshminarayana a student says ,”my certificates got wet and they are no use now. It is difficult to get duplicate of them as I have to get a police certificate,"

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