Background of the Entrepreneur
Name of Entrepreneur: Ajit Kumar
Address: Sangrampur ,PS Gola Distt. Ramgarh (Jharkhand) PIN: 829110,
Mob No.: 6207694594
Name of Enterprise: Agarbathi Manufacturing
Ajit Kumar belongs to a marginal farmar family. He was engaged in croping with his father before starting the enterprise. He always wanted to start an enterprise to make extra pillar of income for his family. He got to know about TRIF’s entrepreneurship programa and met the Manager at the hub center. He got motivated through the discussion to start an insence stick manufactring micro enterprise. He did market survey, personal assessment, EMT training with TRIF. TRIF helped him for forward and backward linkages too.
After all the documentation, he invested 50k of his own with training, mentorship and market linkage support through TRIF. He launched his enterprise in the month of Jan’20. He was making out a monthly turnover of 20-25k with profit of 6-8k.
His business was evolving but due to lockdown, his supply got affected. He was not able to get raw material for production neither was able to sell finished goods in market. An inventory of 10k got lost due to moisture during the lockdown. Nce lockdown got over, he wanted to restart his enterprise and seeking support from TRIF for raw material procurement. Fortunatey, due to support received from Standard Chartered, we were able to support him with 20k raw material support. He started his enterprise and started selling again. His enterprise got revamped after this support. Now He is making business of 25-30k monthly with average monthly profit of 8-10k. He was very abliged to Standard Chartred for this support which helped him to revamp the enterprise. He is also looking forward to get automatic machine in near future.
After the venture started, he said “जो सपना देखा था वो पूरा हुआ” (A dream come true).