From Street Cart to Success: The Inspiring Journey of Chandan Kumar Chaurasia
Quick summary: Chandan Kumar Chaurasia is a fruit trader in Doranda Bazaar, Ranchi, Jharkhand, who grew up helping his father, Nawal Kumar Chaurasia, sell fruits from a handcart. At age 35, he applied for a Pradhan Mantri Mudra Yojana (PMMY) loan through Bank of India, starting with ₹50,000 and later receiving a second and third loan of ₹1.5 lakh each after timely repayment. He used the funds to expand inventory and sourcing, eventually employing his father and brother in a family-run fruit business.
Image Source: Navbharat Times
In the bustling lanes of Doranda Bazaar in Ranchi, there is a fruit shop that stands not just as a business, but as a symbol of determination, honesty, and hard work. Behind this journey is a man named Chandan Kumar Chaurasia, who no longer needs any introduction in the local fruit trade. Once a small-time fruit seller assisting his father on a handcart, today Chandan is counted among the more established fruit traders in the city.
Chandan's story is one of grit and growth — a reminder that success doesn't come easy. It demands perseverance, sleepless nights, and an unwavering belief in one's dream. Born into a modest family, Chandan grew up witnessing the daily struggles of his father, Nawal Kumar Chaurasia, who sold fruits by pushing a cart through the streets of Ranchi. Chandan, too, often accompanied him, observing the hardship it took to keep the family afloat.
The Turning Point: A Dream Needs Fuel
At the age of 35, Chandan decided to take his first real step toward transforming the family trade. The biggest obstacle was a lack of funds, so he began researching financial support systems for small businesses and came across the Pradhan Mantri Mudra Yojana (PMMY) — the government scheme that provides collateral-free loans to small and micro enterprises through banks, NBFCs, and MFIs. Chandan saw a genuine lifeline in it.
Using online platforms and social media to gather the necessary information, he applied for a Mudra loan through Bank of India. As a first-time borrower, he was reportedly sanctioned ₹50,000, which he invested directly into his fruit business — expanding inventory, improving display, and managing logistics better.
Building on Every Repayment
With sheer dedication, Chandan started seeing positive results. The small shop began attracting more customers, and returns started increasing. One of the most notable aspects of his journey is financial discipline — he reportedly repaid his first loan on time and reinvested the profits into growing the business further.
Impressed by the prompt repayments and expansion, the bank is reported to have approved a second loan of ₹1.5 lakh, followed later by a third loan of the same amount after further timely repayment. With this additional capital, Chandan is reported to have extended his business beyond the local market, sourcing fruits from other states and selling them in Ranchi at competitive prices. Quality and consistency reportedly helped build trust, with customers said to travel from farther afield to buy from his store in Doranda Bazaar.
Bringing the Family Into the Business
Even as the business grew, Chandan is said to have stayed rooted in where he came from. The first person he reportedly uplifted was his father — asking him to step back from the physically taxing work of street vending and take a more comfortable role at the shop instead. He is also reported to have brought his previously unemployed younger brother into the business, turning a one-person handcart trade into a family-run enterprise.
Today, Chandan Kumar Chaurasia and his family are reported to run a fruit business in Ranchi's Doranda Bazaar. His journey — from helping his father push a handcart to managing a shop with family support — is a reminder of how government credit schemes, used with discipline and ambition, can help small entrepreneurs formalise and scale.
Entrepreneurs inspired by Chandan's journey and looking to explore Mudra loans or other funding options for their own micro or small business can read more about GRO-MSME's advisory and MSME loan services, or browse more Wings of Will success stories from India's grassroots entrepreneurs.
Disclaimer: This story is compiled from a single published account — Navbharat Times — and individual accounts. Independent verification of the names, loan amounts, and figures was not available at the time of publishing, and readers should treat specific figures as reported rather than independently confirmed.
Frequently Asked Questions About Chandan Kumar Chaurasia’s Journey
Who is Chandan Kumar Chaurasia?
Chandan Kumar Chaurasia is a fruit trader in Doranda Bazaar, Ranchi, Jharkhand, who grew up helping his father sell fruits from a handcart and later built the family trade into a full-fledged fruit business using Mudra Yojana loans.
How did Chandan Kumar Chaurasia fund his business growth?
Chandan applied for a loan under the Pradhan Mantri Mudra Yojana (PMMY) through Bank of India. He was first sanctioned ₹50,000, and after repaying it on time, received a second loan of ₹1.5 lakh and later a third loan of ₹1.5 lakh, using the funds to expand inventory, sourcing, and logistics.
What is the Pradhan Mantri Mudra Yojana (PMMY)?
PMMY is a Government of India scheme that provides collateral-free loans of up to ₹20 lakh (following the 2024 enhancement of the Tarun category) to non-corporate, non-farm small and micro enterprises through banks, NBFCs, and MFIs.
How did Chandan's business impact his family?
As the business grew, Chandan brought his father into the shop in place of street vending, and employed his previously unemployed younger brother, turning a one-person handcart trade into a family-run enterprise.