A microenterprise finance company known as Mudra, a government-backed NBFC, is set up to help support the growth of micro-enterprises. The Mudra loan for women aims to provide small businesses with access to finance that they wouldn’t otherwise be able to obtain. According to Mudra.org.in, 90% of the small and medium businesses in the non-corporate sector don’t have access to such finance sources. In addition to providing refinancing support to several financial institutions, Mudra loan for women is part of a consortium of firms that includes public sector banks, private…
Top Things to Look Before Applying for A Mudra Loan in India
