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Success Stories

 
 
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  • Loan case no. PTL/NMD/685 Smt.Baljit Kaur W/o Sh.Lakhvir Singh resident of #90 Gali No. 9 Tafzalpura Patiala. Her husband is a private driver and income earned by him was not enough to make both ends meet . She thought of opening Tailoring Shop but she had not enough funds to transact her skills. Her loan was disbursed for Rs.95000/- under NMDFC scheme without no time . By following latest trends related to tailoring and embroidery desired by customers she is earning a handsome figure and repaying her installments regularly. .
     
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  • Loan case No. FTH/NMD/449. Smt.Kulwant Kaur W/o Sh.Surjeet Singh Ward No. 7 near Khadar Bhandar Amloh Distt Fatehgarh Sahib. SmtKulwant Kaur is a widow and did not have any source of income. She was living a very miserable life. She applied for loan from Backfinco and obtained Rs.66500/- for milch cattles under Dairy Farming scheme of NMDFC. She worked hard and get maximum benefit from this loan and started earning a good income of Rs.5000/- per month. She is very happy and thankful to Backfinco and NMDFC for this financial assistance..
       
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  • Loan case No. SAS/NMD/513 Sh.Sukhvir Singh S/o Sh.Kaka Singh Village Mirpur The Dera Bassi Distt Mohali. Sh.Sukhvir Singh is traditionally engaged in carpentry occupation. He wanted to set up his own furniture shop as he was not able to earn sufficient amount to support his family. He applied for a loan of Rs. 47500/- from backfinco for Furniture shop under NMDFC scheme. With the financial assistance from Backfinco, he setup a furniture shop in his village. Now his business is flourishing day by day and he is earning Rs.8000/- per month and regular repaying his installments.


     
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  • Loan Case No. SAS/NMD/673 Sh. Kulvir Singh S/o Sh.Baljit Singh Village Shekhpur Kalan Tehsil Dera Bassi Distt SAS Nagar was an unemployed youth . He was running after Govt. job , after a number of attempts at this without achieving any success he changed his mind and applied for loan to Backfinco and his loan was sanctioned for Readymade Garment shop for Rs. 95000/-.He started his own Readymade Garment Shop. By employing his time to improve his new venture, within a little time his shop started giving him yielded results. Now he is running his shop successfully and started earning Rs. 10000/- per month. His repayment of loan installments is very good..


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