Saturday 14 September 2013

Mahavir Vending Zone: Meet Satyanarayan Pradhan

Satyanarayan Pradhan comes from a poor background. He was born and brought up in a village called Nayagarh in Orissa and faced financial constraints and monetary problems in his early life.
He has studied till eighth grade. His father’s income was so low that he was unable to make ends meet.
Pravin deep in conversation with Satyanarayan babu

Satyanarayan Pradhan is 40 years old. His father was a farmer. He has a son and a daughter. To set up a shop in the vending zone they invested Rs.10000. He took a loan on 5% a month. He has helmets worth Rs. 30000, furniture worth Rs.5000. Pradhan runs this business and has a fair understanding of business.
He is a humble guy. He works from 10 am in the morning to 10 pm in the evening. He says it is a tough and demanding job, but he enjoys it immensely. His daily sales are around Rs 3000-4000. He earns a daily profit of Rs.500-600.


One thing that he doesn’t like is that he has to buy electricity from the generator. He vocalized his dissatisfaction at BMC’s failure to provide them electricity. He said the vendors have repeatedly made complaints, but no action has been taken.
Pradhan is ambitious. He dreams to have a big shop and did not mind sharing his dream with us. He wants to be a big businessman and wants to wear suits. He owns assets like cycle and gold ornaments. He lives in the house made by his father.

He is not aware of things like life insurance and general insurance and doesn’t have any. I think after our interaction he must have understood its importance. He likes to read Samvad newspaper and says he usually spends his idle time reading. 

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