Location
Junnardev, Madhya Pradesh
Scheme Utilized
NSFDC Term Loan
Bank Branch
MP Gramin Bank
Business Activity
Electric Auto Rickshaw
A journey of empowerment
Shri Durgesh Barkhane, son of Shri Ramvilas Barkhane, from Junnardev, District Chhindwara, Madhya Pradesh, was provided financial assistance of ₹1,85,000 (Rupees One Lakh Eighty-Five Thousand only) in the year 2024 by the Junnardev branch of the Madhya Pradesh Gramin Bank. The assistance was sanctioned under the NSFDC Refinance Scheme (Term Loan) for the purchase of an electric auto-rickshaw for passenger transport.
Prior to the sanction of the loan, the beneficiary was unemployed and lacked a stable source of income, resulting in an extremely poor financial condition. Owing to limited resources, he faced significant difficulties in meeting even the basic needs of his family.
At present, by operating the auto-rickshaw, the beneficiary earns a stable monthly income of ₹15,000 to ₹20,000 after deducting the repayment instalments. This has significantly improved his economic condition. He is now able to support his family respectfully and efficiently. Expenses related to his children’s education, household necessities, and daily living are being met comfortably. His social status within the village and community has elevated, marking a clear progression towards self-reliance.
The schemes of the NSFDC, coupled with the active role of the bank, are proving to be significant in strengthening rural development, employment generation, and financial inclusion.
The success story of Shri Durgesh Barkhane serves as an inspiration for other rural individuals who wish to adopt self-employment and progress towards self-reliance.
"He is now able to support his family respectfully and efficiently. His social status in the community has improved, serving as an inspiration for other rural individuals moving toward self-reliance."
