Mudra Portal - For Micro enterprises

This

is relevant for #microentreprise under #msme or individuals who wish to just start up their #entrepreneurialjourney.

Again an underrated portal https://lnkd.in/gqzHbZm9 (Mudra) which runs Pradhan Mantri Mudra Yojana (PMMY) scheme.

This scheme was launched in 2015 with the objective of providing loans up to Rs. 10 lakhs to non-corporate, non-farm small/micro-enterprises who do not have access to formal credit. The loans are provided by banks, #nbfcs , and Micro Finance Institutions (MFIs) under three categories: Shishu, Kishore, and Tarun, based on the stage of growth and funding requirements of the enterprise.

No. of beneficiaries since inception ~ 40 Cr. Accounts (this is mind blowing reach) and out of this ~ 28 Cr. accounts were held by women entrepreneurs. Also ~20% of total loans is sanctioned by private sector commercial banks (as per FY 21-22 data available at Mudra portal).

See if anybody in your circle is looking for it...