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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