Monday, November 28, 2011

Case of Surja - The Entrepreneur

Surja Maity was from the family of tailors. He learnt sewing from his father. They owned a ramshackle shop. Their business grew only during the months of festivities where people came to sew their new clothes. Whatever they earned was spent in buying essential things of life. Surja grew restless. He was determined to lead a comfortable life.

 

Surja was approached by a person dealing with hosiery goods. He put up a business plan to Surja. Surja was supposed to buy a special sewing machine which sews hosiery clothing like vests, undergarments and Tees. All bulk orders from different hosiery manufacturers would be placed to Surja. 

 

Surja was worried. The special sewing machine costs around Rs. 90,000/- and also he needs special experienced craftsmen. He approached the local money lender who refused to help him. He approached many a banks who demanded huge collateral security which he unfortunately did not have. His friends, relatives all shooed him away. Surja thought his dream will always remain a dream. Lastly he approached his local councilor who arranged an interest free loan of Rs 50,000/- from a government scheme. For rest of the money Surja pawned his ramshackle shop.

 

He bought the sewing machine. Everyone in his family was eager to start their new journey from poverty to posterity. Order came in trickles. Surja’s wife garnered all the support. She taught the other women folk who were else busy quarreling among themselves in front of the road side tap the art of sewing hosiery products. Slowly Surja’s family bought two more sewing machines. Many reputed hosiery brands placed orders to him.

 

Eight years have passed by. Surja has built a new house. The locality women folk flaunt their newly found economic status. Surja has employed about fifty women who earn around three thousand rupees a month. Surja is happy. He has given something back to the community.

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