Tamilselvi Appalam Company
Women become entrepreneurs for many reasons, and financial independence is just one of them. For many women, the delicate balance between work and raising their children is a difficult one to strike. Tamilselvi, a mother and aspiring entrepreneur, knew that she had to find a way to balance the two. With young children, she didn’t have the option to go out for work, so she decided to start her own small business. She was on the lookout for business ideas she could pursue, which would allow her to give as much time to her children as she needed, while also managing the operations. Then she struck on the idea of starting her own appalam making business.
Appalam is a very popular side dish in Tamil Nadu, and Tamilselvi’s business took off rather well after she started making appalams in 2007. But for a long time, her business stagnated at a certain level of growth, as she didn’t have the monetary support to take it to the next level. Then she was introduced to Kinara Capital. She shared, "For many years, I didn't have any option like Kinara Capital to help us. My business has been going very well since I got the loans from Kinara Capital. I have even been able to increase the number of workers I employ from 8 to 18. I am very satisfied and happy with Kinara."