A youth went on to the extreme of selling his kidney after he was denied a loan to fund his startup.
Ram Kumar (30) who hails from Saharanpur in Uttar Pradesh and a farmer by profession was not earning enough to sustain a family of five and wanted to start his venture.
He went to the bank seeking a loan so that he could start his project but it was outrightly rejected by the banks citing various technicalities.
In spite that he was armed with three certificate courses and training it was getting difficult for him to make a decent income. Ram also took training under the PM’s launched Pradhan Mantri Kaushal Vikas Yojana (PMKVY), to increase his chances of getting the loan passed but failed in spite of that.
He was then left with no choice than selling his vital organ for cash to fund his startup and run his family.
He got posters printed and put up on the city walls and also advertised on social media from where he got numerous responses from Dubai and Singapore.
When asked about the current earning Ram said: “On an average, I am earning just 3,000 per month.”
He said while speaking to the Times of India, “When I failed to get any loan, people suggested that I should do a course under PM’s Kaushal Vikas Yojana. So I did that also. However, I was denied loan despite having done that course. Unable to find any other source of income, I am now bound to sell off my kidneys.”
I got offers from Dubai and Singapore for my kidney too, as the posters I put up in the city were circulated online also.”
A bank official said that the loan was rejected due to the 40 crore Non-Performing Asset (NPA). The matter is now being looked into and said that the bank is trying ways so that the loan can be approved on a merit basis.
Source: Times of India | Image: YThisNews