EFL comes with a unique platform where buyers and sellers can list their machines online.

Mr. Anil Panchal

Brahmani Engineering

Background

I’ve been in this business for the last 20 years and still going strong. It wasn’t an easy journey for me at the beginning. I belong to a lower middle class family and times were difficult.

After completing my internship, I came across an acquaintance who asked me to help him setup a welding rod trading business. We expanded our business over a period of time and got into fabrication business since I acquired great knowledge about this business while working at my previous company.

In the year 2000, I completely took over the business. After acquiring the business, we realized how automation in our business was picking up. In order to automate my business, I needed funds and I approached many banks for a loan but in vain.

EFL Role:

Eventually, a relative informed me about EFL. In 2008, I got my first loan sanctioned by EFL. Back then, we had a total of 2 machines, 4 employees and our turnover was Rs. 60 lakh/annum.

Current Situation:

Today, we are stronger by 16 machines, 12 employees and our turnover is 2.4 crore/annum.

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