70-Year-Old Mohan Koshti Turns ₹10,000 Loan into Thriving Business, Employs Three

Success Story
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News18•02-01-2026, 11:01
70-Year-Old Mohan Koshti Turns ₹10,000 Loan into Thriving Business, Employs Three
- •Mohan Koshti, 70, from Burhanpur, started an incense stick business with a ₹10,000 loan after losing his livelihood.
- •Inspired by his son's mobile research, he began making incense sticks from home, later adding other puja items.
- •Faced initial struggles for 6 months but persevered, leading to increased sales due to popular scented sticks.
- •Now operates a shop at Sindhi Basti Chowk, earning ₹2000-₹3000 daily by selling incense sticks at ₹200/kg.
- •The business not only made him self-reliant but also provides employment to three people.
Why It Matters: Mohan Koshti's story proves age is no barrier to entrepreneurship, turning a small loan into a successful venture.
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