About SMV Wheels Pvt. Ltd. in Plot No. 250, Shivaji Nagar Colony, Shivpurva, Mahmoorganj, Varanasi

At SMV Wheels we build on the ideals of asset based entrepreneurship giving rickshaw drivers and cart operators the means to self-employment. We sell rickshaws and carts but give our customers an extended payment period of up to fifty four weeks. The provision of extended payment terms fills a critical gap in the market for our customers and gives them an alternative to costly daily rentals and, a chance at upward economic mobility. Payments equate to less than 15% of weekly income and include the cost of the rickshaw, insurance and license, operating costs and a c.10% margin. This bottom up pricing model allows us to recycle capital to new customers and fund expansion over time. Advertising space on the rickshaws is also sold to supplement repayment income.

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