Thinking of taking a small loan to finally start your side hustle? Let me tell you — ₹10,000 can actually go a long way… if you use it smartly. But also, if you’re like George, maybe try not to order mics from shady websites.
💡 Why a ₹10,000 Loan?
Let’s be honest — not everyone can borrow ₹1 lakh to “follow their passion.” And truthfully, most side hustles don’t need that much to begin with.
A quick ₹10,000 loan can:
- Help you buy essential equipment
- Give you breathing space to test an idea
- Push you into action (because now you’re invested!)
But the key is how you use it — and that’s where these two real-life stories come in.
🎤 George the Voiceover Guy: The Tale of the Squeaky Karaoke Mic
George always had a brilliant voice — the kind that makes you stop scrolling.
He wanted to start doing freelance voiceovers online but was stuck with his phone mic.
So he took a ₹10,000 loan, ready to level up like a pro.
And what did he do first?
He went online… and accidentally bought a Karaoke mic from some mysterious site.
It arrived in a shiny pink box, with echo, reverb, and a “Chipmunk” setting.
The first recording sounded like he’d just inhaled laughing gas and walked into a tunnel.
Lesson 1: Don’t buy equipment that sounds like Mickey Mouse on helium. 😅
After laughing at himself (and deleting that cursed recording), George got serious.
👉 He invested wisely this time:
- 🎙️ Decent condenser mic (~₹3,000)
- 🎧 Closed-back headphones (~₹2,000)
- 🖥️ Everything else? Free tools:
- Audacity for editing
- YouTube to learn sound leveling
- Fiverr to upload demos
“I only used the loan for physical gear,” George says. “Everything else, I got for free.”
And guess what? Now he gets paid to talk — literally.
🐾 Rani & Her 7 Pets: Pet Food, Costumes & a Dream
Meet Rani — a woman with two dogs, five cats, and a head full of ideas.
She was always the “crazy pet person” in her building, but in the best way.
One day, she said, “Why not start a pet costume and treat business?”
But making organic pet food and stitching tiny Halloween costumes wasn’t cheap.
So she took a ₹10,000 loan from a digital loan app and began:
Here’s how she used the funds:
| Item | Estimated Cost |
|---|---|
| Food-grade ingredients for pet treats | ₹2,000 |
| Pet-safe fabrics and thread | ₹2,500 |
| Sewing machine rental | ₹1,500 |
| Logo + basic Shopify store setup | ₹2,000 |
| Local Instagram ads | ₹2,000 |
She didn’t wait for a big business plan.
She sold 10 pet costumes in the first week — including a Batman suit for a Shih Tzu.
“The ₹10,000 wasn’t life-changing. But it was day-changing. It let me begin.”
🔁 What George & Rani Did Right
✔️ They only borrowed what they knew they could repay
✔️ They spent only on critical tools
✔️ They didn’t wait to be perfect — they just started
✔️ They used free tools, tutorials, and free marketing (Reels, WhatsApp, Facebook Groups)
⚠️ Mistakes They’d Avoid Next Time
❌ Don’t buy equipment without checking reviews (George learned this the funny way)
❌ Don’t assume your first product will sell out
❌ Don’t spend the full ₹10K in one shot
❌ Don’t skip tracking repayments — small loans can pile up
🔎 Where Can You Get a ₹10,000 Loan?
These apps offer small, quick loans, often with minimal documentation:
| App | Loan Range | Disbursal Time | Ideal For |
|---|---|---|---|
| KreditBee | ₹500 – ₹1,00,000 | <10 mins | Freelancers, gig workers |
| Fibe | ₹1,000 – ₹5,00,000 | 15 mins | Salaried professionals |
| Nira | ₹3,000 – ₹1,00,000 | Within 24 hrs | First-time borrowers |
| CASHe | ₹1,000 – ₹3,00,000 | 20 mins | Short-term salary advances |
✅ Tip: Always check if the app is RBI-registered.
✅ Bonus: Some BNPL apps like LazyPay & Simpl can be helpful for buying tools in parts.
🙋♀️ FAQs
Q1. Can I start a side hustle with just ₹10,000?
Absolutely! It depends on what you want to do. Use it for tools, materials, or ads — not luxury.
Q2. Will loan apps give me ₹10,000 if I’m not salaried?
Some apps like KreditBee, Nira, and LazyPay consider gig workers or freelancers. But read the fine print.
Q3. What if I can’t repay in time?
Start small. Track your EMI. Don’t use the money for non-business stuff.
🧠 Final Word: Start Small. Think Big. Laugh Often.
George’s squeaky mic.
Rani’s DIY dog capes.
All it took was ₹10,000 and a decision to begin.
You don’t need a big loan to be a big deal.
Just don’t forget to check your mic settings before hitting record.
✅ Also Read:
- Top Loan Apps That Approve Without Salary Slip – 2025 Guide
- How to Build Your CIBIL Score With Small Loans in India
- Best Instant Loan Apps for Low-Income Salaried Individuals in India
