Shri. Sanjay Arora

Success Story on "Electronic King of Palwal"

Sanjay Arora had a business of selling electronic goods in Palwal, Haryana. His shop was located in the main market with a good footfall. Sanjay's most selling item was sewing machines. He was also providing after-sales service and repair services for sewing machines. Though he was selling only a few household appliances because of his good behavior and after sales service record he was popular among his customers.

With the growing popularity, Sanjay wanted to expand his range of appliances. But keeping a wide range of products needs capital investment. Sanjay tried to get help from his friends and relatives but nothing worked. Getting a loan from the other institution was either a very lengthy process or charging a hefty fee and interest rates. The urge to find a way to grow his business made Sanjay put the effort in every direction. While trying to get some help he met sales officers of Seeds Fincap Pvt Ltd for a loan.

With the growing popularity, Sanjay wanted to expand his range of appliances. But keeping a wide range of products needs capital investment. Sanjay tried to get help from his friends and relatives but nothing worked. Getting a loan from the other institution was either a very lengthy process or charging a hefty fee and interest rates. The urge to find a way to grow his business made Sanjay put the effort in every direction. While trying to get some help he met sales officers of Seeds Fincap Pvt Ltd for a loan.

After understanding the process, he applied for a loan of Rs 100,000/- and completed all required documentation. The documents were verified by SEEDS and the loan was sanctioned. In no time, the amount was credited to Sanjay's account. He added a wide range of products in his shop like LED TV, Washing machines, fridges, and Heater geysers in his shop. Now he is fulfilling all the demands of the local market and his customers are happy too by getting all the products under one roof.

Now Sanjay Arora's shop is generating enough income to make his and his family's life secure and comfortable. He feels financially independent and secure. He is regularly paying his cashless EMI through E-NACH transactions. Seeds Fincap Pvt Ltd is happy to make an impact on its customers' lives. We wish Sanjay all the best for his future.

Shri. Gopal Das

Making Life Easy

Gopal Das was running a humble Kirana store in Rewari, Haryana. Despite doing every effort to scale up the business, the store continued to make unimpressive profits. Gopal Das was struggling to earn higher profits and grow his business. But issues, such as lack of capital and additional investments, prevented its growth.

During the lockdown, consumers turned to the Kirana store for their daily provisions But, Gopal Das struggled to deliver due to supply chain disruptions. No distributor was ready to give stock on credit so, Gopal Das had to work with the limited inventories.

He also had good links in the textile sector and wanted to expand his business and add mattress covers as the winter season was also approaching. He knew there would be high demand for the covers, but the resources to set up the new venture were unavailable.

Despite knowing the problems, Gopal seemed to have no solution to help change the fate of the business. He didn't want to take loans from unorganized lenders at a high-interest rate. Due to financial unawareness, he didn't know where to go for help. During his struggle, Gopal Das came to know about Seeds Fincap Pvt Ltd and its products. After further inquiry, he came to know that Seeds Fincap provides easy and quick loans with affordable and reasonable interest rates.

He met our BCM and after getting a satisfying and positive response, he applied for a loan of Rs 100,000/-. He submitted all the needful documents and after verification, his loan got approved by Seeds Fincap Pvt Ltd. In a short time, the process got completed and his loan was credited into his bank account.

With this loan amount, he invested some in increasing the Kirana stock and stocked up the varieties of mattress covers too. He also appointed sales staff to help with the increased work and customers. With systematic planning, efficient working, and sufficient stock, Gopal Das' Kirana store had increased footfall, and he has started generating better revenues of 2.0-2.80 Lacs/month. Now Gopal Das is happy with his new venture, and his earnings are also satisfying. He is happy with Seeds Fincap's cashless and end-to-end automated process. Gopal Das uses E-NACH (cashless) for payment of his instalments and is regular with his without any flaw.

NITIN’S JOURNEY

Shri. Nitin Kashyap

There is an ever-growing demand for healthcare supplies in the market. Considering this, Shri. Nitin Kashyap opened a small chemist shop with a limited range of medicines in Hapur. After working hard for five years he realized that to meet the changing demands of the people and keep a sufficiently stocked with various essential and specific prescription medicines a considerable amount of capital is required.

To match this demand, the only option he had was frequent visits to the wholesaler and buying a minimum quantity at a time. Therefore, an increase in the range of medicines came with increased expenses and efforts.

To expand his business, he applied for Rs 2,00,000/- from Seeds Fincap Pvt Ltd. After checking his eligibility and document verification he got the approval of Rs 1,00,000. Within a few days, hassle-free disbursement had been done into his account.

With the new hope and energy, he stocked up his store well. The wide range of medicine encouraged more customers to buy medicines from his shop. With the increased sales and reduced expenses and efforts, he is earning better profit margins.

Nitin is happy by expanding his business he has become more stable and capable of taking care of his family.

Smt Omwati Devi.

THE SUCCESS STORY OF A GREENGROCER

In a village in the interior of a small town Bulandshahar, U.P lives Smt Omwati Devi. She was running a small shop and used to sell munchies, toffies, cold drinks, etc. Gradually her husband added stable vegetables with long shelf-life potatoes, onion, garlic, and ginger.

She used to work hard, picking vegetables and other stuff from the local retail market. For four years, she struggled only to earn a meagre amount which barely suffice for her and her family's survival. The pandemic even made the situation worst. Somehow, she could safely sustain the period.

When the lockdown was over, she started selling a few homegrown vegetables and got encouraging results. Meanwhile, she came to know about Seeds Fincap Pvt Ltd and its plans that could have helped her in empowerment.

She showed her interest and after understanding the procedure, applied for the load of 40,000. All her documentations were in place, and she had no difficulty in the disbursement of the loan.

With this additional finance, she expanded her general store inventory and started buying merchandise and vegetables in bulk at a lower price. It also saved time, effort, and money by cutting down extra trips to the local market.

Now Omwati Devi and her husband are happy with their improved income. They have planned further to expand the business by buying an E-riksha with the second round of seeds loan.

Smt. Omwati Devi pays timely instalments through UPI, and we look forward to helping her more and grow her business. Seeds Fincap Pvt Ltd wishes her the very best in life,

Smt. Bhuri Devi

Woven Dreams

The story of Smt. Bhuri Devi is very inspiring for women entrepreneurs. Buri Devi lives in a small city Bijore, in Uttar Pradesh. She has been helping her husband in their home-based loom business with her daughter for ten years. The whole family weaves scarves and shawls and sells these to local vendors at wholesale prices that are further sold in retail markets.

Bhuri Devi was sustaining her business with whatever little resources she had. SEEDS sales officer Mr. Shiv Kumar and BM Mr. Abhishek Sharma visited Smt, Bhuri Devi, and briefed them on how, with the help of SEEDS, they can expand their business and income. They explained the products and procedures in detail.

Bhuri Devi saw the opportunity of upgrading her enterprise and immediately grabbed it. After fulfilling all the procedures and documentation loan of Rs 40,000/- was sanctioned for the business expansion.

Bhuri Devi used this resource for upgrading raw materials; she invested in varieties of colourful threads, etc. With more colors and textures, she can produce varieties and designs. During the off-season too, she weaves and stocks them for winter, and sells them with better margins.

With the increased income, now her dreams are turning into reality. She is in better economic status and having a secured and comfortable life. She credits her success to SEEDS and her family members. She is a responsible customer and pays her instalments timely. SEEDS is lucky to be able to touch her life and help her in weaving her colourful dreams.