Meet Smt Amrutha, an inspiring customer of the ffreedom app, who transformed her life and realized her passion for entrepreneurship with the help of our app. In this blog, we will delve into her story and how the ffreedom app played a significant role in her success.
Amrutha was working as a digital marketing freelancer when the COVID pandemic hit the world. The pandemic brought a major setback in her career, and she struggled to find enough clients and revenue to sustain her business. That’s when she decided to take a step back and explore new avenues for earning a livelihood.
She came across the ffreedom app, which offers a wide range of courses on business, finance, and farming. With a keen interest in the stock market, she purchased the app and started learning the basics of the stock market. Implementing the knowledge gained from the app, she started investing in stocks and saw a remarkable profit of 35 to 40% on her investments.
Buoyed by her success in the stock market, Amrutha was keen to invest her earnings in a business venture. She turned to the ffreedom app once again and enrolled in the oil mill course. Being from a farming family, she had easy access to groundnuts, which she decided to use as a source for her oil mill business. She put the knowledge gained from the app into action and started her own groundnut oil mill in Tumkur district, Madugiri taluk, Jadegondanahalli village.
The ffreedom app courses provided her with detailed information on the machinery requirements, operating costs, raw materials, cleaning and conditioning, filtration and labour requirements, complete process, packaging and transportation, marketing & exports, pricing, profit margin & accounting involved in the oil mill business. Armed with this knowledge, she ran her mill successfully and increased her revenue from 4 to 6 lakhs.
Apart from the business courses, Amrutha also learned about financial management and investment strategies from the ffreedom app. She cites Sudheer sir, a renowned financial expert, as her mentor and inspiration. She learned about various financial instruments like term and health insurance and took advantage of them to secure her financial future. She also motivated her friends to take similar steps to safeguard their financial health.
Through her perseverance and hard work, Amrutha has successfully run her oil mill for over a year now. She rented a shop of 1000 sq. ft and put two machines to work. She received a subsidy of 1 lakh for one machine and also took a loan of 8 lakh from the PMFME scheme through the bank. Her current customers are farmers in the area, and she sells groundnut oil and coconut oil at Rs 350 /litre in retail and Rs 280/litre in wholesale. On a typical day, she extracts 60 litres of oil from her mill.
Amrutha’s story is an inspiration to all those who have faced setbacks in their lives and are looking for new opportunities. With the help of the ffreedom app, she was able to explore her passion for entrepreneurship, gain the necessary knowledge and skills, and turn her dream into a reality. The ffreedom app’s motto “To Empower Every Individual to Earn a Livelihood” has truly come to life in Amrutha’s journey.
In conclusion, the ffreedom app is a powerful tool for individuals looking to build a career in business and entrepreneurship. With its wide range of courses and expert guidance, the app can help anyone realize their potential and achieve their goals. Amrutha’s story is a testament to the app’s effectiveness and the transformative power of knowledge and hard work.