Andhra woman grows Rs 20,000 cashew loan into Rs 50 lakh annual business
Singampalli Parwathi launched her venture in 2018 by trading raw cashews with a Rs 20,000 loan. Over the next eight years, the enterprise grew into a processing unit generating roughly Rs 50 lakh in annual turnover. The Sri Durga Bhavani Farmer Producer Group backed her expansion through several successive loans. Parwathi now sorts her cashews into 11 grades and sells them to buyers across India.
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