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| ::: Wings > TRICOR > Success Stories |
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| Success Stories |
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| A.P.SCHEDULED TRIBES COOPERATIVE FINANCE CORPORATION LIMITED., HYDERABAD |
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| A Success Story of An Auto Driver |
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| District Information:- |
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| Name of the District |
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East Godavari |
| Name of the ITDA |
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Ramapachodavaram |
| Name of the Scheme |
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NSTFDC |
| Year |
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2002-03 |
| Village |
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Pedageddada |
| Mandal |
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Rampachodavaram |
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| Beneficiary Bio-data:- |
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| Name of the Beneficiary |
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Pathara Adinarayana |
| Father's Name |
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Pathara Bapanamma |
| Age |
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30 Yrs |
| Name of the Unit |
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Auto(Disel) |
| Date of Sanctioning |
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12-4-2003 |
| Date of Grounding |
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22-5-2003 |
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| Financial Pattern:- |
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| Total Unit Cost |
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Rs.95,000/- |
| Subsidy |
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Rs.10,000/- |
| Margin Money(Loan) |
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Rs.19,000/- |
| Beneficiary Contribution |
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Rs.5,000/- |
| NSTFDC Term Loan |
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Rs.61,000/- |
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| During the year 2002-03, under NSTFDC Scheme, the beneficiary was provided with an Auto(diesel) with a total unit cost of Rs.95,000/- only, of which subsidy Rs.10,000/-, Margin Money loan of Rs.19,000/-, NSTFDC Term Loan of Rs.61,000/- were sanctioned besides beneficiary's contribution of Rs.5000/- |
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Now the beneficiary is earning approximately of Rs.3750/- to Rs.4000/- per month after meeting all his expenses and thus leading a dignified life as the owner of the Vehicle. Earlier he was working as daily wage driver for Rs.50/- for 20 days and earning approximately, Rs.1000 per month. Because of his meagre income he has not admitted his two children in the school and was struggling for lively hood. In view of his economic standards are being improved his two children were now admitted in the school and feels proud of NSTFDC Scheme. |
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During the year 2002-03, 7 Auto's were sanctioned at the unit cost of Rs.6,65,000/-. The Vehicles registration made jointly by Auto Driver/DLC and were hypothecated, till the repayment is completed. The comprehensive insurance was also done for all accidental/ damage relief. |
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All the Seven Auto drivers are now leading happy and independent life with substantial increase not only in their individual income but also standard of living. They are very much satisfied for having taken NSTFDC Term Loan under the able guidance of TRICOR. |
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