Financial Linkage processes & Networking

SIDBI

Jai Prakash with New Magnetizer

Grant by SIDBI under their Swavalamban scheme received by  Jai Prakash to expand his Speaker Assembly Business.

With the grant money Jaiprakash bought a magnetizer machine useful in manufacturing larger speakers of diameter 18”.This increases product variant and profit margin for Jai Prakash.

Jai Prakash started manufacturing Speakers in 2016  after having worked and gained experience working at a speaker factory. He has 3 workers under him of whom one person is a Divyang.

The unit is equipped with  2 Magnetizer machine and an Amplifier machine . Jai Prakash has undergone Entrepreneurship Development Training and with the financial linkage provided by ATPAR he was able to expand his business and is now looking at manufacturing a wide range of Speakers(Small speaker – 20 W to 50W , Big speaker – 240 W to 1000W).

Participation in mentoring sessions held by MSME Clinic on the topic of how to avail loan & various bank finances available
October 2019 – MSME Loan Mela
5 members participated and got to interact
with officials of Allahabad Bank regarding loan    
Mentoring support by –  Mr. Neeraj Kishore Jain, Chartered Accountant ( Resource Person, ATPAR )
On how to derive on estimate of costs for loan

Staying in touch with NEDAR members in the time of Lock down , April 2020

Community Awareness & Registration Camps

August 2019 – NEDAR awareness among students of
Lal Bahadur Shastri Management Institute
at Gram  Bharat Event

November  2019
Community Awareness & Registration camp Jahangirpuri
NEDAR member Dhanuram helped organize
January 2020
Community Awareness & Registration camp
Karawal Nagar
February 2020
Community Awareness & Registration camp
Shakarpur, East Delhi
In collaboration with Saambhavi
February 2020
Community Awareness & Registration camp
 Sunder Nagri, East Delhi
In collaboration with Association for Disabled People