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