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Society · India

Andhra woman turns Rs 20,000 cashew loan into business with Rs 50 lakh turnover

Outlet: The Times of India · TOI LIFESTYLE DESK · Published 28/10/2026 07:49 UTC

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Singampalli Parwathi started her business in 2018 with a loan of Rs 20,000 to trade raw cashews. Over eight years, her enterprise evolved into a processing unit with an annual turnover of around Rs 50 lakh. The Sri Durga Bhavani Farmer Producer Group supported her through multiple loans as her business expanded over time. Parwathi now processes cashews into 11 grades and supplies them across India.

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Source
https://timesofindia.indiatimes.com/life-style/people/in-2018-andhra-pradeshs-singampalli-parwathi-borrowed-rs-20000-to-trade-raw-cashews-today-she-processes-11-grades-of-cashew-kernels-and-reports-annual-business-turnover-near-rs-50-lakh/articleshow/135257205.cms
Published
28/10/2026 07:49 UTC
Captured
28/10/2026 10:10 UTC
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9b2faa372041e6c8 · 570 words
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