Tumpa, from Harina village in Tripura’s South Tripura district, took her first loan from then Village Financial Services in November 2019.
Tumpa and her husband Sushanta, 35, have a son, who studies in Class 4. They were growing mushrooms much before they decided to take a microfinance loan and expand their business from Sabroom branch of VFS.
Barely four months after they expanded the business, the COVID19 pandemic struck the world. Luckily, they were growing mushrooms, and food was a business that was not badly hit by the lockdowns that began in March-end 2020.
The husband and wife grow two varieties of mushrooms: oyster, which they sell for Rs 250/kg, and milky, which fetches Rs 300/kg.
The couple sells their mushrooms to a dealer, based on his orders. Growing of mushroom does not require use of equipment or technology. Tumpa says they earn a profit of Rs 25,000-30,000 a month after incurring all the expenses.