VSSM helps Amitbhai and Anilbhai Develop their Business Again

Amitbhai and Anilbhai could sell the Vegetables with the help of VSSM

Amitbhai with his handcart

Everyone wants to lead life according to his/her talent. Everyone wants to reach the peak of success in life and wants to fulfil all the dreams. It is said that luck goes with the ones who work hard but sometimes even hard work doesn’t bring desired results due to some reasons. Amitbhai also worked hard to follow his dreams but because of not having enough money he was not able to fulfil his dreams. 

Amitbhai stays at Guptanagar in Vasna area of Ahmedabad district. His wife Rekhaben does house-hold work and his two children are studying in the school. He had already debts but still he took loan on interest from the local money lender to do vegetable business. Whatever Amitbhai earned by selling vegetables had gone in paying the interest of the loan he took. His earning was not enough to fulfil his needs to lead life. 

Amitbhai came in contact with VSSM through Ilaben, the VSSM field worker. He applied for loan of Rs. 50,000 to VSSM. VSSM sanctioned the interest free loan of Rs. 50,000. He paid his earlier debts of Rs. 30,000 and rest 20,000 he used for his vegetable business. Amitbhai is now free from the tension of paying interest. He can earn daily 300 to 400 Rupees by selling vegetables and paying his instalments of the loan he took from VSSM, regularly. This little financial stability has built his confidence to follow his dreams.

Anilbhai with his flourished handcart

Anilbhai, also a resident of Guptanagar of Vasna area, was a vegetable vendor. He used to take money from local money lenders on interest whenever he needed money for his business. He wanted to bring more fruits so he again took money from local money lender on interest. At the end his efforts to earn money well went in vein as most of the money he used to earn was going in repaying the interest of the loans he took earlier to run his business well. Remaining amount was going to run the house. It was getting difficult for Anilbhai to run his house and business with a huge amount of debts on his head.   

Anilbhai had heard about VSSM through Ilaben. He took the interest free loan of Rs. 50,000 from VSSM, promising that he will repay it in regular instalments. VSSM gave him loan of Rs. 50,000 with no interest. He paid his debts with those money and came out of the burden of paying interest. It released his tensions and he could focus well on the business. He spared 20000 out to 50,000 to invest in business. Now he daily earns good amount of Rs. 400 to 500. He is repaying VSSM loan instalments on regular basis. He expresses happiness for the help which saved his hard earned money going waste in repaying interests. 

We are thankful to our donors for enabling us to help Amitbhai and Anilbhai setting up their business.

LOAN ID: 1190, 1191