FOCUSSED CREDIT ENDEAVOUR FOR WOMEN AND MICRO ENTREPRENEURS

New dimensions to small enterprise lending

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

PRAYAAS

An endeavor to support small entrepreneurs 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.