Micro Finance Scheme

Social Justice & Empowerment Department

Beneficiary Type: Farmer

Objective

To provide small loans to low-income individuals or groups to start or expand income-generating activities.

Objective

The purpose of a Microfinance Scheme is to empower low-income individuals by providing access to financial resources, fostering economic growth and reducing poverty.

Benefits

INR 125,000 financial loan @ 5% interest rate per annum for setting up small/mirco enterprise for SC people

Eligibility

1) The applicant must be from SEBC caste, 2) the applicant must have a prepared plan for small/micro business

Coverage Area

Application Method

For further details please contact the Director of Gujarat Backward Classes Development Corporation

Application Form

https://gbcdconline.gujarat.gov.in/

Documents Required

Proof of Identity,Proof of Address,Photograph (Passport-sized),Income Proof,Business Plan/Proposal ,KYC (Know Your Customer) Documents ,Aadhar Card (in India),Co-signer or Guarantee,Group Formation Proof

Information Source

https://www.myscheme.gov.in/schemes/nmmss

Gender Male,Female,Others
Age 0 to 100
Caste General,Scheduled Caste,Scheduled Tribe,Socially and Economically Backward Communities / Other Backword Class
Economic Status APL,BPL,Both
Occupation Craftsman & Entrepreneur
Sector Employment / Livelihood
Income Criteria Not Applicable
Citizen Senior Citizen, Non Senior Citizen
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