A loan of $550 helped to buy mobile phone parts like panels, key pads, accessories, and advanced repair materials, and to hire staff.

Akshaya's story

Akshaya is an ambitious 26-year-old single man living with his parents. He is a differently abled man who has a mobile repairing and soft drinks shop.

He sells mobile phone parts like panels and key pads, as well as mobile accessories and soft drinks in his shop. He can meet the basic repairing needs of a customer. But for advanced repairs he has to travel to the nearest balugaon (a village in Odisha, India) market to purchase the mobile repairing parts/materials like display, keypad as and when a customer comes. He wants to be able to give the best service to his customers from his village with as little turnaround time as possible and capture the business opportunity, as his shop is the only shop in the village that provides these services currently.

He wants to now buy and stock up such advanced repairing materials at his shop to avoid the travel, and he says that buying at bulk will help him reduce buying costs as well. He needs a loan of 30,000 Indian Rupee (INR) to buy these parts and hire one more staff member to help him around the shop. In the future, he wants to expand his business and open a big private company and create a living for other people like him.

Loan details

Lenders and lending teams

Loan details