Funded

Total loan: $400
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Ajay


A loan of $400 helped to pay for purchasing a new sewing machine and fabrics.


Ajay's story

Ajay is 30 years old, a differently-able person living with his parents, brother and sister. He has been engaged in the activity of tailoring for the last eleven years with his one sewing machine to help his father financially. He takes orders from his customers for stitching their dresses. He earns 3000 INR per month from this activity which is not sufficient for his family.

Ajay has a plan to purchase two new sewing machines and fabrics for his shop so that he can take more orders from his existing customers and increase his customer base; and earn more. He says, “I can earn up to 8,000 INR per month after adding new machines to my shop and I will involve my sister too in this business to help me.”

He has requested a loan amount of 25,000 INR for purchasing new sewing machines, fabrics and appointing work force to help him. He wants to help his father financially in getting his sister married and to save some money for his future.



Loan details

Repayment schedule: At end of term
Disbursed date: September 19, 2013

Lenders and lending teams



Loan details

Repayment schedule: At end of term
Disbursed date: September 19, 2013