M/s Sri Kaviya Iyengar Bakery & Sweets was started in the year 2010. They manufacture, cakes, sweets, vegetarian snacks items, etc. The MUDRA loan sanctioned by IDBI Bank Sriperumbudur branch has helped M/s Sri Kaviya Iyengar Bakery & Sweets in catering to the increased business and helped the firm in timely delivery of their orders.

Mudra Loans - Success Story

The borrower Mr. Temjennungba, after completing his higher secondary quit his studies and went to Dimapur, Nagaland to work there as sales executive and assistant in various motor companies for almost 5 years where he gained experience and knowledge. After 5 years he came back to his home town Mokokchung to venture into his own independent business by opening a small retail motor parts shop. He opened the shop with his own investment and help from family members. After running the shop for 6 months as the demand rose he approached IDBI Bank Mokokchung Branch to meet the working capital in the running stocks. With his earlier experience in motor vehicles he also opened a motor workshop just adjacent to his present retail shop. Now after 2 years he has 6 employees working under him with lots of customers buzzing to his shop and workshop for repair.

Mudra Loans - Success Story

M/s Shree Ganesh Mobiles & Multi Services is engaged in retail sales and servicing of Mobile phone devices. The firm has a good customer base and has an established client base in nearby areas. With the help of working capital facility from IDBI Bank, Waluj Branch (District Aurangabad) the unit has clocked a multi fold increase in sales, registering a 150% growth compared to the previous year. Timely financial assistance helped the firm to maintain variety of latest trendy mobile handsets and accessories which helped him to scale up his business.

Mudra Loans - Success Story

Mudra Loans - Success Story Video

Click to view videohttps://youtu.be/7JqlECCyVl8