Problem
Local entrepreneurs faced major setbacks, especially during the pandemic, leading to financial losses and struggling businesses. Limited resources, outdated equipment, and lack of customers made it difficult to sustain and grow their businesses.
Approach
To adapt, business owners took strategic steps such as lowering product prices, expanding their customer base by actively reaching out, and upgrading their shops to attract more word-of-mouth referrals. Some sought professional consultations to secure essential tools like sewing machines and irons, while others worked with microfinance providers to improve their workspaces and secure materials.
Solution
With the right financial support and guidance, these businesses were able to recover and thrive. Access to tailored loans and installment plans allowed them to invest in better equipment and expand their operations. Through resilience and strategic decisions, they successfully rebuilt and strengthened their businesses, proving that with the right support, sustainable growth is achievable.
