This is a real sample report generated by Cred — the same format accepted by SBI, PNB, Bank of Baroda, and all nationalized banks for MUDRA, PMEGP, and other government loan schemes.
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Business Name: Sharma Electronics & Repair Services
Location: Shop No. 12, Vaishali Nagar, Jaipur, Rajasthan – 302021
Scheme Applied: MUDRA Tarun Loan
Loan Amount Requested: ₹8,00,000
Promoter: Suresh Sharma (Age: 34)
Sharma Electronics & Repair Services is a sole proprietorship engaged in repair, servicing, and retail of consumer electronics including mobile phones, televisions, laptops, and home appliances. The business has been in operation since 2019 with a loyal customer base of 400+ households in Vaishali Nagar. The promoter seeks ₹8 lakhs under the MUDRA Tarun scheme to expand floor space, purchase diagnostic equipment, and add a spare parts inventory to reduce turnaround time from 3 days to same-day service.
Name: Suresh Sharma
Father's Name: Rameshwar Sharma
Date of Birth: 15th March 1990
PAN: BXRPS7264K
Aadhaar: XXXX-XXXX-4521
Educational Qualification: B.Com (2011), Diploma in Electronics (ITI, 2009)
Business Experience: 5 years (electronics repair & retail)
Caste Category: OBC
Address: H.No. 47, Sector 7, Vaishali Nagar, Jaipur — 302021
The promoter has 5 years of hands-on experience in electronics repair. He previously worked as a technician for 3 years at a Samsung service center before starting his own venture. His technical expertise and local customer base make this a low-risk lending opportunity.
Industry Overview: The consumer electronics repair market in India is valued at ₹45,000 crore (ICEA 2023) and growing at 9.2% CAGR driven by rising smartphone penetration and the government's Right to Repair initiative.
Local Market: Vaishali Nagar is a residential colony with 12,000+ households and no authorized service center within 3 km. The nearest competitor is 4 km away. Suresh currently handles 25–30 repair jobs per day with 85% repeat clientele.
Competitive Advantage:
|---|---|
Means of Finance:
|---|---|---|
| Particulars | Amount (₹) | |
|---|---|---|
| Renovation & Civil Work | 1,20,000 | |
| Diagnostic Equipment (oscilloscope, IC programmer, BGA rework station) | 2,40,000 | |
| Laptop / Desktop service tools | 80,000 | |
| Air conditioning & display fixtures | 60,000 | |
| Initial spare parts inventory | 2,40,000 | |
| Working capital margin | 40,000 | |
| Contingency (5%) | 20,000 | |
| Total Project Cost | 8,00,000 | |
| Source | Amount (₹) | % |
| MUDRA Tarun Loan | 8,00,000 | 100% |
| Promoter's Own Contribution | — | — |
Installed Capacity: 35 jobs/day (post-expansion)
Current Utilization: 25 jobs/day (72%)
Post-Expansion Target: 32 jobs/day (91% utilization by Year 2)
Equipment & Manpower:
Location Advantage: Ground-floor corner shop (350 sq ft) with parking — ideal for walk-in service.
Profit & Loss Account (₹ in Thousands)
|---|---|---|---|---|---|
| Particulars | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Revenue from Services | 28,80 | 34,56 | 41,47 | 49,77 | 59,72 |
| Revenue from Parts Sales | 9,60 | 11,52 | 13,82 | 16,59 | 19,90 |
| Total Revenue | 38,40 | 46,08 | 55,30 | 66,36 | 79,63 |
| Material Cost (30%) | 11,52 | 13,82 | 16,59 | 19,91 | 23,89 |
| Labour Cost | 5,88 | 6,47 | 7,11 | 7,83 | 8,61 |
| Overheads | 3,60 | 3,96 | 4,36 | 4,79 | 5,27 |
| Depreciation | 2,40 | 2,40 | 2,40 | 2,40 | 2,40 |
| EBIT | 15,00 | 19,43 | 24,84 | 31,43 | 39,46 |
| Interest on MUDRA Loan | 4,37 | 3,65 | 2,85 | 1,95 | 0,95 |
| Net Profit (PAT) | 10,63 | 15,78 | 22,00 | 29,48 | 38,51 |
Fund Flow Statement — Year 1
|---|---|---|---|
Working Capital Assessment (Tandon Method II)
|---|---|
| Sources of Funds | ₹ | Application of Funds | ₹ |
|---|---|---|---|
| Net Profit after Tax | 10,63,000 | Increase in Current Assets | 4,80,000 |
| Depreciation | 2,40,000 | Loan Repayment | 1,44,000 |
| Increase in Bank Borrowing | — | Capital Expenditure | — |
| Total | 13,03,000 | Total | 6,24,000 |
| Parameter | Amount (₹) | ||
| Total Current Assets (TCA) | 4,80,000 | ||
| Other Current Liabilities (OCL) | 1,44,000 | ||
| Working Capital Gap (TCA − OCL) | 3,36,000 | ||
| 25% of TCA (Promoter's margin) | 1,20,000 | ||
| Maximum Permissible Bank Finance | 2,16,000 |
Loan Amount: ₹8,00,000 | Rate: 10.5% p.a. | Tenure: 60 months
|---|---|---|---|---|---|
DSCR (Debt Service Coverage Ratio)
|---|---|---|---|
| Year | Opening Balance | EMI × 12 | Principal | Interest | Closing Balance |
|---|---|---|---|---|---|
| 1 | 8,00,000 | 1,72,800 | 1,28,800 | 43,977 | 6,71,200 |
| 2 | 6,71,200 | 1,72,800 | 1,36,300 | 36,513 | 5,34,900 |
| 3 | 5,34,900 | 1,72,800 | 1,44,300 | 28,479 | 3,90,600 |
| 4 | 3,90,600 | 1,72,800 | 1,52,800 | 19,975 | 2,37,800 |
| 5 | 2,37,800 | 1,72,800 | 1,62,200 | 10,647 | 75,600 |
| Year | Net Profit + Depreciation + Interest | Total Debt Service | DSCR | ||
| Year 1 | 17,40,977 | 1,72,800 | 10.07 | ||
| Year 2 | 22,58,513 | 1,72,800 | 13.07 |
Projected Balance Sheet (₹ in thousands)
|---|---|---|---|---|---|---|
| Liabilities | Yr 1 | Yr 2 | Assets | Yr 1 | Yr 2 | |
|---|---|---|---|---|---|---|
| Capital | 10,63 | 26,41 | Fixed Assets (net) | 13,60 | 11,20 | |
| Term Loan | 6,71 | 5,35 | Stock | 2,40 | 2,88 | |
| Current Liabilities | 1,44 | 1,44 | Debtors (15 days) | 1,60 | 1,92 | |
| Cash & Bank | 1,18 | 17,20 | ||||
| Total | 18,78 | 33,20 | Total | 18,78 | 33,20 |
Strengths
Weaknesses
Opportunities
Threats
Current Employment: 2 persons (proprietor + 1 technician)
Post-Project Employment:
|---|---|---|---|
The project will create 4 additional direct jobs, predominantly skilled technical roles. This aligns with the MUDRA scheme's objective of supporting micro-enterprise employment.
| Role | Current | Proposed | Increment |
|---|---|---|---|
| Proprietor (skilled) | 1 | 1 | — |
| Senior Technician | 1 | 2 | +1 |
| Junior Technician | 0 | 2 | +2 |
| Helper / Delivery | 0 | 1 | +1 |
| Total | 2 | 6 | +4 |
Environmental Impact: Electronics repair is inherently sustainable — extending product life reduces e-waste. The business follows Rajasthan PCB norms for component disposal and participates in a local e-waste aggregation program with Attero Recycling.
Social Impact:
Energy Consumption: The expanded shop will use 2 kW of additional load — well within limits. LED lighting and inverter AC reduce operating energy cost.
I, Suresh Sharma, son of Rameshwar Sharma, do hereby declare that:
1. The information provided in this project report is true and correct to the best of my knowledge.
2. I have not availed any loan from any financial institution for the same purpose.
3. I undertake to utilize the loan only for the purpose stated in this project report.
4. I shall maintain proper books of accounts and make them available for inspection by the bank / MUDRA.
5. I am aware that providing false information is punishable under the relevant provisions of IPC.
Signature: ___________________
Name: Suresh Sharma
Date: ___________________
Place: Jaipur, Rajasthan
The following documents are attached with this project report:
1. ✓ Identity Proof — Aadhaar Card (copy)
2. ✓ Address Proof — Electricity Bill, Jaipur Nagar Nigam (copy)
3. ✓ PAN Card
4. ✓ Educational Certificates — B.Com, ITI Diploma
5. ✓ Business Registration — Rajasthan Shops & Establishments Certificate
6. ✓ GST Registration Certificate (GSTIN: 08BXRPS7264K1Z7)
7. ✓ Bank Statements — Last 12 months (Punjab National Bank)
8. ✓ IT Returns — Last 2 years
9. ✓ Quotations for equipment (3 vendors)
10. ✓ Shop Rent Agreement
11. ✓ Photographs of existing business premises
12. ✓ Passport-size photograph of promoter