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So far owtlab has created 55 blog entries.

Member Name: Leela Devi w/o Amarchand Village: Dilwadi Bhawar’s Story There is no doubt to the fact that due to increasing competition in the market, it has become very difficult for almost everyone to maintain a good and healthy lifestyle. There is a consistent change in the business environment due to which earning income is also becoming very difficult these days. Therefore, it is quite obvious to look for loans and dents to live a normal life and to get an access to at least basic amenities of the life like food, clothing, and shelter etc. But getting loans is not an

Lahariya Contest

The festival of Hariyali Teej is celebrated differently in different parts of the country. Hariyali Teej stands to be one of the most awaited festivals for Hindu women. They observe the vrat religiously and wish for the long life of their spouses and to-be-husbands to Goddess Parvati and Lord Shiva. Women in the states of Haryana, Rajasthan, Uttar Pradesh, Madhya Pradesh and Bihar, celebrate Teej with great joy and enthusiasm. Colorful attires, special sweets like Ghevar and Fasting mark the celebrations of the unification of Lord Shiva and Goddess Parvati on this auspicious day of Sawan. On this day, women dress

Bhawar Kuwar Started His Dairy Business

Branch: Jodhpur Member Name: Bhawar Kuwar Village: Piparli Bhawar’s Story Digamber Finance is a microfinance company. A microfinance company is the one which includes activities like provision of the financial services like credit, saving, and insurance to low income individuals with the goal of creating social value. They believe that "change is possible and can happen against all odds." Completing their goals and achieving their missions, Digamber finance have changed the lives of many individuals and families altogether who are the residents of a small village. This financial institution have helped a lot many people to earn sufficient income by providing them

Sugna started her business

Branch: Pali Member Name: Sugna Devi w/o Omprakash Village: Sandiya Sugna’s Story There is no doubt that due to increasing competition and advancement in the living standards of the society, it is very difficult to maintain a normal and enough lifestyle in a meagre income. Everyday a new demand arises and to fulfil them, money is must and taking loans is the only option which we have. People who live in the cities have access to various banks and financial institutions but there are no resources available for those who are living in villages. It becomes very much difficult for them to arrange

Shabana Started Retail Shop

Branch: Jodhpur Member Name: Premi Devi w/o Raees khan Village: Hanuman nagar Shabana’s Story Due to increasing competition in the market and changing needs of the society, it is becoming very difficult to maintain a normal business. people are facing various hardships with their old business and thinking to start a new one by arranging funds from banks and other financial institutions. Well, it is easy to take loans for the people who are livingin the cities and developed nations but those who are living in villages and under developed towns are still facing  problems with lack o banks and financial institutions in their

Premi Devi opened bangles shop

Branch: Pushkar Member Name: Premi Devi Center: Pushkar Premi Devi’s Story In this changing era where every thing is just changing everyday, it is becoming very difficult to maintain a consistency in work life. The market competition is increasing day by day and this has led to a scenario where poor people  are becoming more poor and rich people  are becoming more rich. It is becoming very difficult for some people to maintain a normal and satisfactory lifestyle. There is an advantage to the people who are living in the cities. They have various resources which thy can use to develop

Sujhata Opened Purses And Bangles Shop

Branch: Jamaalpur Member Name: Sujhata w/o Susheel Kumar Center: Haryana Sujhata’s Story With the increasing competition in the market and changing lifestyles of people, the social and economical gap is also increasing. This further leads to increase in the inequality among the society. People who live in the developed cities do have various resources to manage and to cope up with the changing environment of the economical state of the country. But people who live in the villages still does not have enough and proper resources to manage a normal lifestyle for themselves. They are still lacking behind whether it is a

Savita start up a Dairy

Branch:Mahendragrah Member Name: Savita w/o Sunil Center: Haryana Savita’s Story Are you a villager and want a normal life just like the people having in the cities? Do you want to increase your income? Do you want to start up a business and have no financial resources? Give an end to your questions and confusions and visit Digamber Finance today. In India, there are still various villages and small districts which are underdeveloped and do not have enough resources with them. The people there are unable to maintain a normal lifestyle due to various problems. They still don't have the financial institutions who

Radha Opened Jewellery Shop

Branch:Hisar Member Name: Radha w/o Surendra Singh Center: Haryana District: Hisar Radha’s Story Whether you want to open a new grocery shop or you want to buy your own land, Digamberfinance is always there to help the needy ones with it's best of advices and financial help. In India, there are still various villages and small districts which are underdeveloped and do not have enough resources with them. The people there are unable to maintain a normal lifestyle due to various problems. They still don't have the financial institutions who can help them to start up a new business or to invest in something

Kamlesh Bai Opened Grocery Shop

Branch:Kota-B Member Name: Kamlesh Bai w/o Damodar Patidar (63.0184.0184.01) Center: RANGBADI = F District: Kota Kamlesh's Story It is the dream of almost everyone to have a better lifestyle, not just good clothes and food but also financially and ethically too. Being in a village, it is usually difficult for the people to maintain such living standard since they don't have much resources. They don't have number if financial institutions like cities who may help them and support them financially to build up a business and to earn a better income. But now, this problem has been solved to an extent due

DCL Cricket Champion Cup 2019

On the occasion of its 25th anniversary year, Digamber Finance organised DCL Cricket Champion Cup 2019 on 13th April 2019 and 14th April 2019 at Mahendragarh, Haryana. Teams from 12 branches participated in the tournament, which included Narnaul, Mahendragarh, Rewari, Charkhi Dadri, Bhiwani, Rohtak, Asandh, Sirsa, Kurukshetra, Kosli, Haridwar & Ponta Sahib. Our teams from 17 different branches from Haryana, Uttarakhand and Himachal Pradesh solicited their gracious presence. Narnaul team won the tournament and Asandh team secured position of first runner up. Mr Om Pal was awarded Man of the Match and Man of the Series.

Strength lies in Unity

Branch: Pratapgarh (A) Member Name: Devli / Ramesh (056.0369.0369.08) Center: 0369. Kanada Akariya Village: Kanada Akariya Tehsil: Pipalkhnoot District: Pratapgarh Devli's Story This member has taken a loan of INR 20,000/- from Digambar Finance. The member has bought 4-5 goats and the number has increased to 8-9. At first, their economical situation was not good, but post taking loan she has started goat walking, which helped them strengthening their finances. Her husband works as a mechanic and now she wants to take more loans and start her own vegetable shop. She is happy that she can payback her loan in easy installments.

Inspiring story of Khushboo

Branch: Chittorgarh Center: Chogavadi Gangasar Member Name: Khushboo / Puran Mal Joshi Khushboo's Story This member has taken a loan of INR 29,000/- from Digambar Finance, for sewing shop. Member has learned sewing and wants to open her own shop. Initially, their financial situation was bad but post taking the loan she has started working and helping in strengthening her financial situation. Her husband works in the mines and she has happily paid her loan in small easy installments.

Pleasing the Quality life

Branch: Banswara Member Name: Mani Bai / Ramesh (085.0124.0124.05) Center: 0124. Antakaliya - A Village: Antakaliya Tehsil: Gandaa District: Banswara Mani' Story This member has taken a loan of INR 25,000/- from Digambar Finances. With the help of this amount, the member has started running a fruit and vegetable shop, with the help of which the member has been able to support her family in a good manner. Formerly, their economical situation was not up to the mark but post taking a loan, they started working on their vegetable shop, where they make a daily profit of average INR 500. This amount is

Loan as Per Need of Client

One of the key benefits resulted from demonetization that we were able to identify the quality of customers not having an instance of single day delay in payment of EMI even after facing tough duration of demonetization. To mitigate the situation of demonetization and to know the actual requirement of customers, ta team of DCL made a market survey. Customers having sufficient amount of loan with less EMI were more regular than customers with the higher amount of EMI. Because less EMI matches with their cash flow, as they need the loan for income generating activities only. After recognizing the situation,

No Overdue Certificate

In order to ensure hassle-free credit to all borrowers, in both rural and semi-urban areas, DCL started the concept of no overdue certificate. On receiving complaints from borrowers in respect of timely updating of their overdue details in credit information companies, due to non-availability of proper documents, DCL started to issue no dues certificate to the borrowers after completion of their loan. That certificate will be infallible proof regarding an overdue position of borrower against the company. An initiative was taken to bring more transparency in a relationship of DCL with customers.

Legal Proceeding against Delinquent Members

Post demonetization, the portfolio quality started deteriorating due to various reasons, mainly because of the challenges faced by non-payment of the EMIs by the customers due to lack of cash in the economy. Although there were some members, not paying their dues in the shadow of the market situation, despite having sufficient means to make payment of the dues. To overcome the situation, a company engaged some dedicated professionals in employment to take action against will full defaulters occurred during the period of demonetization. The recovery process begins with sending the demand notice to delinquent member followed by proceeding in lok