Addressable credit demand in Micro segment - ₹ 11.9 trillion
Women entrepreneurs account for approx. 20% of the total proprietary concerns in India
Cost of micro credit remains on higher side
These facts are driving SIDBI come up with focused interventions to support entrepreneurs in livelihood space at the bottom of the pyramid
Loans to micro entrepreneurs for any livelihood activity.
Small ticket size loan upto ₹ 5 lakh.
Extended at interest rates not exceeding 13% to ultimate borrowers.
Delivered through Partnerships with MFIs/NGOs.
Dedicated corpus of ₹ 1000 crore earmarked for the initiative.