A loan of $550 helped to purchase rice, lentils, cooking oil, spices, biscuits, chocolates etc. for his grocery shop.

Purnachandra's story

Purnachandra is a 40-year-old physically challenged person living with his wife who is 30 years old. He runs a small business in his area. He collects the waste products like polythene, iron, discarded glass/plastic bottles and sells them to a local scrap dealer. He has five years of experience in this business. In this way, he earns 3,000 to 3,500 INR per month. He wants to start a grocery shop in his village, but because of financial problems, he can’t.

He applied for a loan of 30,000 INR to set up a grocery shop along with his waste product business in his village. He will use this loan to purchase grocery items like rice, lentils, cooking oil, spices, biscuits, chocolate etc. He wants to start this business so that he can earn more. He says that he can earn 5,000 INR from this business, but at present, he is not able to do the same because of lack of funds. He hopes to construct a house for his family.

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Loan details