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Success Stories

 
 
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  • Loan Case No. HSP/NMD/155 Sh. Amritpal Singh S/o Sh.Pritam Singh Ward No. 4, Darapur (Urmur Tanda) Tehsil Dasuya Distt. Hoshiarpur obtained a loan of Rs.95000/- for setting up Electric Sale & Repair Shop under NMDFC Scheme. He had got experience in electric repair by working on a electric shop. He thought of opening his own Electric Sale & Repair Shop , but he had not enough funds to fulfill his dreams. He came to know about the low interest rates of loan schemes of backfinco and approached the Field officer Backfinco Hoshiarpur and subsequently after fulfilling all formalities, his loan was sanctioned of Rs.95000/- . Within a span of little time his shop started giving him yielded results. At present he is running his shop successfully and repaid its entire loan amount.
     
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  • Loan Case No. GDP/NBC/468 Sh.Sahib Masih S/o Sh.Sadiq Masih Village Bhograj Tehsil Dhariwal Distt Gurdaspur was working as a daily wager to meet his both ends and his monthly income was Rs.3100/-. He was facing problems to meet with his daily needs due to low income and others adverse condition. He applied for the loan and corporation sanctioned him loan of Rs.95000/- for Karyana Shop. He has added different types of tools in his shop due to this his goodwill has increased manifold. Now his business is flourishing day by day and he is earning Rs.8600/- per month approximately and repaying his installments regularly. He and his family are thankful to Backfinco and NBCFDC New Delhi.
       
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  • Loan Case No. KPT/NBC/218 Sh.Mukhtiar Singh S/o Sh.Sohan Singh Village Ibrahim Tehsil Bhulath Distt Kapurthala obtained a loan of Rs.47500/- for setting up Blacksmith shop in his village. Due to hard work and perfection in executing the job he earned a good reputation in the area. Now he is running his shop successfully and a very happy man.. Beneficiary has not faced any problem in getting the loan from the Corporation and he is repaying his quarterly installments regularly.


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