Dr. Nowhera Shaik has dreamt of being an entrepreneur her entire childhood. She started by supporting her parents with vegetable sales. This was her first foray into the world of enterprise. She started buying and selling old clothing after that. It was a turning point in her professional life. Madrassa instructor Nowhera met a lot of local women. Nowhera would go to a jeweller and buy jewellery to sell to other rural women. That was the Business Unit she was discussing. In 1997-1998, she formed a women’s investment company. She planned to distribute the proceeds to all of the company’s members regularly.
Heera Groups have steadily increased their revenue since their inception.
After the company segment was profitable, Nowhera founded a company to extend her business. Nowhera’s first company was named “Heera Gold,” and it was formed as a Private Company Limited by shares in 2012. The major purpose of the company was to support women and provide them with financial freedom. Although participants in the Heera Gold Scheme can anticipate a 35 percent to 43 percent return on investment.
The Heera Groups have attracted more than 1.72 lakh investors from across India. Moreover, this system developed in favor, and a huge number of people profited from it. As a consequence of this arrangement, many low-income households got regular money in the form of interest. The system soon drew in a large number of people from various walks of life, and the steady income stream overwhelmed many. The Heera Group‘s goods/services were well received by customers. Over time, customers’ faith in Heera Groups grew. Heera Groups have steadily increased their revenue since their inception.