Case Study

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Oli Refrigerator Workshop – Gives me Name, Fame and Income

 

Buddhi Bahadur Oli-30, lives in Basudevpur – 5, Banke. He left his school in grade 7. Due to poor economic condition at home, he had to leave his studies and start working from an early age. He worked as a helper to house wiring electrician. However, with the meager income he made as an assistant, he could not support his family well. He wanted to upgrade his skill by taking training but upgrading training in electrical subject was expensive and mostly comprised of long term training programs.

One day he heard that SKILL-Nepal was going to conduct Refrigeration and AC Junior Mechanic training in Manikapur-5, Bhujaigaun for youth who had not completed their S.L.C, those with weak economic condition and from disadvantaged community. He filled up the application form, appeared for the interview and having fulfilled all the criteria, he was selected for the training program.

Learning refrigeration and AC repair and maintenance in a short time was not an easy task but he put in extra effort because he knew that even if he could afford to pay, he was not going to find any private training institute who offered this subject. Besides, availability of few people with such skill and rapid modernization of towns, the demand for refrigerator and AC mechanic was high. There was huge market and a lot of money for this skill.

The training course encouraged him to start his own business. As planned he opened a refrigerator and AC maintenance workshop namely Oli Refrigerator Workshop in Basudevpur-5, Banke. In the beginning investment was a big problem for him and taking loan was the only solution he saw. So, he took a loan of amount Rs.200,000/- from Holika saving and cooperatives at interest rate of 18% to invest in his workshop. He had never taken such a big risk before but his knowledge and hard work paid off. He makes a net profit of Rs. 10,000 per month. He has finished repaying his loan. With the income he makes, he is now able to take good care of his family. He has also been able to provide employment for five other unemployed youths thereby contributing in eliminating unemployment from the country.

 

 

 

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