Nikorn Rieng-ngern,
Thailand
Nikorn Rieng-ngern of Surin Thailand has been weaving since she was a little girl. She stayed at
home and wove because her parents did not want her to work in town, even though the family needed
the money. "I used to weave silk and give some to my relatives for gifts, but after I married and had
my own children, I began to sell my pieces." With her loans from the Small Enterprise Development
Company, Nikorn buys the raw materials she uses in her weaving business. "Each piece costs me
about 500 Baht (US$19) to make, and I make at least 400 Baht (US$15) profit per piece."
"Since joining the group I am proud of myself and have confidence and more respect from my family
and others in the village. But the most important thing is that I and my family have a better quality of
life -- knowing how to save, working in the group, helping each other, and setting a good example for
my children and others by saving."
Name of microfinance programme: Small Enterprise Development Company Limited (SED)
Source: Microcredit Summit 1997 - Institutional Profiles.
Hari Srinivas - hsrinivas@gdrc.org
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