PAYWAY PRIME CHIT FUNDS PRIVATE LIMITED

Payway Prime Chit Funds is based in Payakapuram, Vijayawada. We operate out of house number 77-16-6, which is K Sankar Rao’s place on the first floor. You have to walk up some narrow stairs to get to us. The office isn't anything fancy. It’s just a couple of rooms with some old desks and plenty of filing cabinets. We spend most of our time going through the ledgers and making sure the monthly collections are right. It gets pretty warm in here during the afternoons, so the ceiling fans are always humming. We aren't a big corporation with fancy logos. We are just local people running a chit fund for the neighborhood. Folks from around Vijayawada come in to drop off their money or to participate in the auctions. Sometimes there’s a bit of a wait if several people show up at once, but nobody seems to mind much. Sankar Rao is usually around if there’s a problem that needs fixing. We keep everything on paper and also use a basic computer for the records. It’s a simple way of doing things that has worked for us. We don't have a marketing team or a sales department. People just find us through their friends or family. It’s a quiet spot most of the time, except for the sounds of the street below. We just focus on the numbers and making sure every member gets their fair share when it’s their time. It’s a small operation but we keep it going.