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23 Aug 2023

Micro Finance for Women

 Objectives


the primary goal of microfinance is to provide small-scale loans to women in rural communities and educate them on how to succeed in business or other fields of endeavor


Quantum of Assistance

 

• Support to start a small business activities like Flower shop, Vegetable and Fruit shop, Fish trade, Coffee-Tea stall and for other marginal trading activities.

• In this scheme financial assistance to the extent of Rs.10,000/- Loan at the rate of 4% per annum & 30% subsidy with a maximum of Rs.5,000/- is provided.

• The loan is repayable in 34 equal instalments with 2 months grace period for 3 years.

 

Eligibility

 

Women belonging to Vishwakarma communities