National Minorities Development & Finance Corporation


 



                                                                                                National Minorities Development and Finance Corporation

MICRO CREDIT SCHEME

1. PURPOSE OF LOAN

 

The loan is to provide financial assistance to weaker sections of the minorities for starting or augmenting any income generating activities. Income generating activities means any gainful legitimate business activity which when undertaken leads to income generation. Application form for availing Micro Credit Scheme is given at Annexure-I . The illustrative list of income generating activities is as given below:-

I. Small business/Trade viz. General store, Tea stall, Dhaba, Meat shop, Fish vending, Pan shop, Vegetable and Fruit selling, Vending of readymade and cut piece cloth, Carpentry, Cycle repairing etc.

II. Tiny/cottage industry or service activity viz. Candle making, Papad and Vadi making, Wet grinder, Bakery, Processing of dry fish, Shoe shop, Motor rewinding, Puncher shop etc.

III. Artisan activities viz. Block printing, Lac bangle making, Jute bag making, Weaving, Zarizardosi work, Kantha work, Applique work etc.

IV. Agricultural and allied activities viz. Poultry, Goat rearing, Sheep rearing, Duck rearing, Piggery, Dairy etc.

 

 

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