• Place - 3/3, New Raipur Road, Kolkata
  • Branch - Allahabad Bank , Southern Avenue Branch
  • Actiivty - Manufacturing and trading of dress materials
  • Category - Tarun
  • Amount - Rs.6.10 Lakh

Smt Soma Jana W/O Sri Basudeb Jana aged about 34 years has availed a Pradhan Mantri Mudra Yojana Loan from Allahabad Bank, Southern Avenue Branch in the tune of total cash credit of Rs.5.00 Lakh and TL of Rs.1.10 Lakh for manufacturing and trading of dress materials under the brand name of Stuti Garments. The young lady being MA in History appeared for SSC exams several times but not being selected for service ,she was very much disappointed .Then she decided to earn for her family by applying her entrepreneurship skill. She started her business by purchasing two sewing machines for leggings manufacturing and its selling in the open market .Her business then started to flourish rapidly for which she approached our Southern Avenue Branch for getting financial assistance. Our Southern Avenue Branch after verification of the unit and its prosperity sanctioned the above limit of Rs.5.00 lakh and Rs.1.10 Lakh of TL in the month of October 2016. During the span of one year this unit has increased its sales turnover by 4 times and limit has increased upto Rs.11 lakh and TL upto Rs.5.60 lakh . Its an example of Mudra Loan which subsequently converted into MSME loan. The unit has engaged 10 permanent tailors indirectly supporting ten families for their livelihood. Initially the unit was manufacturing leggings, now they are manufacturing different types of dress materials, night dresses, kids apparels, winter clothes etc . The perseverance and loyalty of Smt. Soma Jana supported by our financial backup, now she has proved herself as a successful entrepreneur and business lady.

  • Branch - Allahabad Bank, AMTA Branch
  • Category - KISHORE
  • Amount - Rs.1.50 LAKHS

Sri Hannan Mallik used to doJari Embroidery work at a Small Scale with only one extra hand. He had a deep desire to expand his business but could not due to financial crisis. One day he came to know about the MUDRA Loan scheme from a newspaper and advertisement in TV. Then he approached our Amta Branch and discussed with the Branch Manager regarding his business and future plan. After completion of the requisite formalities, loan amount of Rs.150000/- was sanctioned under Kishore category. With the said loan amount ,Hannan Mallik was able to expand his business with 5 supporting hands. He is now planning to take orders from large firms and enhance his capacity with more work force.

  • Name - M/s Kamla Mayer Wellness Centre,Pro- Sri Mudit Mayer, Age 28 yrs, Physiotherapist (MPT)
  • Place - Behind D.M. Bunglow, Madhavreti Road, Bahraich
  • Branch - Allahabad Bank, - Civil Lines Bahraich
  • Actiivty - For establishment of Rehabilitation Centre, Bahraich, first in Bahraich district and also nearby districts. For purchase of machines like Treadmill, Bicycle, electric heating beds, weights etc
  • Category - Kishore
  • Amount - Rs.- Rs.5.00 Lacs

- Sri Mayer belongs to a middle class family of Bahraich. His father is running optics business in Bahraich and mother is retired teacher.Sri Mayer after doing his schooling from Bahraich secured admission in IAMR College in Ghaziabad and after completion of the course in 2012 he worked at different hospitals like Jain Neuro Hospital Delhi and BLK Hospital in Delhi as an outdoor physiotherapist.In 2013 he returned to Bahraich in order to establish his own clinic and opened one at Shop No.4, Near Sitapur Eye Hospital, Bahraich.During his practice at the clinic he felt requirement for a fully equipped physiotherapy centre and advanced machineries. As there are many persons who could not afford to move to nearby cities like Lucknow for treatment/physiotherapy purpose, Sri Mayer thus planned to establish such wellness centre in Bahraich so that such facilities could be made available locally at an affordable cost. Absence of such center in and around Bahraich prompted Sri Mayer to open Rehabilitation center.Sri Mayer thus with the help of finance under Mudra Scheme from Civil Lines Bahraich Branch established the ONLY rehabilitation/fitness centre in Bahraich and nearby districts for treatment of patients who require physiotherapy or suffering from paralysis etc

  • Name - Sri Sanjay Goyal Proprietor of M/S Maa Katyayani Saree Suit Centre
  • Place - Brijeshwari Annexe Market, Indore
  • Branch - Allahabad Bank, Bangali Chauraha Indore
  • Actiivty - Boutique-cum-showroom
  • Category - Tarun
  • Amount - Rs.-7.00 lakhs

Mr Sanjay Goyal, proprietor of Maa Katyayani Saree Suit Centre approached Bangali Chauraha, Indore branch to open a current account in October 2014 for his small business in rented premises at Ashish Nagar, Indore. At that time, the stock of the shop was very limited. However, Mr Goyal intended to grow his business and to open and manage a full-fledged show room cum boutique was his dream. The conduct of current account was small in size yet satisfactory. On launch of Pradhan Mantra Mudra Yojana (PMMY) in April 2015, branch approached and offered him a collateral free working capital loan. Later on Rs. 7.00 lac as working capital limit was sanctioned on 15.05.2015 on the basis of interview and projections after obtaining suitable application/documents. Mudra Card was also issued to the borrower for his business needs. After disbursement of the above loan on the same date i.e. 15.05.2015, it is needless to say that his business grew multiple-fold which was evident by enhanced turnover in his Cash Credit account as well as growing stock. He was able to order goods directly from Gujrat, Uttar Pradesh and Tamil Nadu in larger quantities. The size of existing shop was rendered small due to ever growing stocks. In the meantime his residence-cum-shop in Brijeshwari Annexe Market, Indore got completed and he shifted his shop there recently. At present, his shop has acquired the size of a full-fledged boutique-cum-showroom. His dream came true due to Pradhan Mantri MudraYojana due to which he was able to obtain collateral-free working capital loan for his business.

  • Name - Md Tabrej Khan Proprietor of M/S Hindustan Glass and Aluminum Fabrication
  • Place - Hoshangabad
  • Branch - Allahabad Bank, Hoshangabad
  • Actiivty - Fabrication shop
  • Category - Kishore
  • Amount - Rs.-1.00 lakh

Md Tabrej Khan was having a small fabrication shop in the local market of Hoshangabad. Due to shortage of fund, he was dependent on local money lenders for funds required for purchase of raw materials for the shop. Consequently, he hardly could manage his shop due to high interest rate and poor earnings and his livelihood was miserable. On the launch of Pradhan Mantri Mudra Yojana, he got the information of hassle-free finance by banks for small traders. He contacted his nearby branch i.e. Hoshangabad and discussed his working capital requirement. The branch head gave details of credit facility available under the scheme and also helped in collecting documents required for the purpose. Within four days Cash Credit Limit of Rs. 1.00 lac was sanctioned on 16.09.2015 and disbursed on 18.09.2015 alongwith Mudra Card. Now, Md Tabrej is managing his shop satisfactorily and monthly income has also improved to maintain his family. Business of the shop has also improved substantially and he is getting orders for fabrication and other items used in industries and houses.

  • Name - Sibaram Sahu Prop. of M/S Kishan Pan Palace
  • Place - Smrtinagar, Bhilai
  • Branch - Allahabad Bank, Smrtinagar, Bhilai
  • Actiivty - Pan Palace with tea stall & snacks items
  • Category - Shishu
  • Amount - Rs.-0.50 lakh

Sri Sibaram was having small tea shop. He used to sell tea and wished to expand his shop with other related items, but due to shortage of fund he was constrained to do so. With very small earnings from the shop he hardly could manage livelihood of his family. On the launch of Pradhan Mantri Mudra Yojan, branch officials of Smritinagar visited his shop and educated him regarding various facilities offered by the bank. Sri Sibaram was readily agreed to avail the facility and got Term loan of Rs. 50,000 on 15.09.2015. He utilized credit facility properly and upgraded his shop to Pan Palace with tea stall & snacks items. His sale and income improved and he is now looking after his family well.and he is now looking after his family well.

  • Name - Mr. Jagraj Singh
  • Place - Village Kilcha PO Dulchi Ke Tehsil Ferozepur Dist. Ferozepur Punjab
  • Branch - Allahabad Bank, Ferozepur Branch
  • Actiivty - Wind Flour Mill
  • Category - KISHOR
  • Amount - Rs.-0.68 lakh

Mr. Jagraj Singh S/o Mr. Satnam Singh used to work in other flour mill as technician. He had an aspiration to set up wind flour mill of his own. But he did not have the money to invest in setting up his own business. His earnings were barely enough to sustain his livelihood. He did not want to borrow money from the local money lenders because their interest rates were always too high. During this time he came to know the details of the PMMY through one of our bank correspondence and he visited our Ferozepur Branch for financial assistance under the scheme. Immediately after completion of the requisite formalities, loan amount of Rs. 68000/- was sanctioned under KISHOR category. With the loan amount, Mr. Jagraj Singh set up his own flour mill successfully .He is now successfully running his business. He has further plan to expand his flour mill with another milling machines with further capacity enhancement and mechanism. Lifestyle of his family has improved. Thus his efforts, hardwork and a little financial push by the Bank under the PMMY scheme have played a major role in making a new age entrepreneur.

  • Name - Smt. Usha Sukhdad Agasse
  • Place - Nagpur
  • Branch - Allahabad Bank, Sakkardara Chowk Branch, Nagpur (Maharashtra)
  • Actiivty - Tailoring
  • Category - Shishu
  • Amount - Rs.-0.30 lakh

Smt. Agasse, wife of a security guard, hails from poor family. She was sanctioned loan, under Shishu category, for purchase of two sewing machines. She earlier worked at ladies tailoring shop. She established tailoring unit for stitching ladies garments from the financial assistance provided, and this resulted in increase in her monthly income from Rs. 1000 to Rs. 4000.

  • Name - Imtiyaz Khan
  • Place - Bhagalpur (Bihar)
  • Branch - Allahabad Bank, Bhagalpur
  • Actiivty - Tailoring
  • Category - Tarun
  • Amount - Rs.-9.00 lakh

Sri. Imtiyaj Khan was employed as data entry operator at a readymade cloth shop. He observed potentialities in garment business and applied for MUDRA Loan for establishing manufacturing unit for readymade cloths. He is now successfully running the unit and was even facilitated by the MoS (Finance) Sri Jayant Sinha.