This UP Woman Earns Rs 8 To 10 Lakh Per Month From Her Paper Bag Business – News18

Rags to riches tales at all times encourage 1000’s of individuals to do one thing with their lives. Today, we’re going to speak about the same story of a self-made entrepreneur, who’s making lakhs of rupees monthly now after being left penniless publish her husband’s passing away. This is the story of Rachana Mohan from Shahjahanpur in Uttar Pradesh. Rachana belongs to a center-class household and was content material along with her life, however tragedy struck in 2018 when her husband died after a protracted sickness. Almost all of their cash was spent on her husband’s therapy. After his dying, Rachana confronted a extreme monetary disaster. It had virtually change into a hand-to-mouth state of affairs for her, however then she made up her thoughts to face on her personal ft and do one thing to come back out of the disaster.

Rachana Mohan took a mortgage of Rs 25 lakh below the Prime Minister Self-Employment Scheme and arrange a paper bag-making unit at dwelling. She used the cash from the mortgage to put in a paper bag-making machine at her home that value Rs 14.5 lakh. With the remaining cash, she bought uncooked supplies and began making paper baggage herself, working day out and in. She offered these paper baggage personally in Shahjahanpur and even adjoining areas.

Having began this at first of final 12 months, in only a 12 months and a half, her enterprise grew exponentially. She now has three dozen workers working below her to run the enterprise. Her month-to-month turnover is Rs 8 to 10 lakh. Rachana additionally agreed to speculate Rs 5 crore below a memorandum of understanding at the newest Global Investors Summit.

Talking to News18, Rachna Mohan stated that this self-employed enterprise has been sufficient to help her household. She acknowledged feeling misplaced after her husband’s dying, however she didn’t lose braveness. She additionally stated her son Puru Mohan additionally helps in her enterprise.