Success Stories- Stand up India Scheme
S S ENTERPRISE Prop. Mrs. Sumita Sarkar
M/S S. S. Enterprises (Prop. Mrs Sumita Sarkar) got the loan through bank through offline mode. The Bank respond to her project positively and sanctioned loan to her under Stand Up India scheme. The unit is engaged in Trading of Ferrous and Non-Ferrous Items. Initially there was problems for Marketing of these products but with the help of local businessman, she overcome it. She has employed one person directly in her unit. The unit is doing financially well. The Turnover of the a/c is Rs. 33.77 lakh since opening and Profit is being made @ 2% to 3% of Turn Over.
A loan of Rs.24.50 Lacs was sanctioned to her under Stand up India Scheme by Bank Of India, Santragachhi District of West Bengal
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Tara Maa Bhandar Prop Mr. Biplab Das
Harnessing Portal Functionalities Mr. Biplab Das is from a needy family and has suffered a lot since his childhood. His father had a very small retail counter of selling daily essential commodities from home. Shri Das, due to poverty, negligence, could not complete his studies and started to assist his father. But, to have a permanent identity, he finally decided to establish a shop of retail selling of rice, dal, wheat, other stationery & grocery items in local area. He also wanted to sell rice, wheat etc. in wholesale. Luckily, he got a chance to purchase a shop of Municipality at RB Avenue, Bhadreswar, at a concessional rate. Then, he applied to Bank of India, Bhadreswar Branch, for financial assistance to start his new business of retail selling of grocery items. The Bank gave full support to him. Shri Das submitted his proposal & application for loan of Rs. 10.50 lakh (composite loan – Term Loan+ Cash Credit Loan). He brought in 25% of the project cost as margin for this loan. At first, the Bank helped Mr. Das to login on standupmitra portal for filling up online application on August 26, 2016.
A loan of Rs.10.50 Lacs was sanctioned to him under Stand up India Scheme by Bank Of India, Bhadreshwar District of West Bengal
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Sapna Sweets & Restaurant Prop Miss Sapna
Ms Sapna has a dream to open a small restaurant in Lucknow. The dream was converted in to reality with Bank Of India Chinhat branch. The branch has supported fully in fulfilling her dream. When She heard about PM Stand up India scheme she approached the Chinhat branch of Bank Of India. The branch officials went through her project of restaurant and allied activities business and visited the site. The branch extended full co- operation to her and on 27-10-2016 her dream becomes true. She was Very thankful to the bank and Stand Up India Scheme. Today she is running successfully the restaurant in Lucknow.
A loan of Rs. 12 Lacs was sanctioned to her under Stand Up India scheme by Bank Of India of Chinhat District of Uttar Pradesh.
Courtesy : https://udyamimitra.in/page/success-stories