Timely financial assistance can provide individuals with the means to strengthen existing businesses, increase income and move towards greater economic stability. The journey of 43-year-old Raghubir Singh from Punjab is one such example.
In 2025, Raghubir Singh received ₹2.50 lakh under the NSFDC Term Loan Scheme. The assistance enabled him to purchase modern machines and expand his tailoring and embroidery business, strengthening his existing livelihood and creating better opportunities for income generation.
Before receiving the assistance, Singh earned around ₹10,000 per month. Following the expansion of his business and effective use of the financial support, his monthly income increased to approximately ₹20,000. The higher income has helped him meet household needs more securely and improve his overall financial position.
Singh has also maintained regular loan repayments, demonstrating financial discipline while continuing to develop his enterprise. He said the assistance helped him expand his business, increase his monthly income and move towards greater self-reliance.
Raghubir Singh’s story highlights how targeted financial assistance can strengthen small enterprises, enhance earning capacity and create sustainable pathways towards economic self-reliance.