Mudra Project Profile
MUDRA (Micro Units Development and Refinance Agency) project profile refer to the detailed descriptions of various types of business projects or activities that are eligible for financing under the MUDRA loan scheme in India. These project profiles provide information about the nature of the business, its scope, investment requirements, potential profitability, and other relevant details.
MUDRA offers different loan products based on the stage of the business and the amount of funding required.
There are three main categories of MUDRA loans are:
Shishu:
This category provides loans up to Rs. 50,000 and targets micro-businesses in their early stages or those requiring a small amount of funding.
Kishore:
This category offers loans ranging from Rs. 50,001 to Rs. 5 lakh, catering to established micro-businesses that require moderate funding for expansion or working capital.
Tarun:
This category provides loans ranging from Rs. 5,00,001 to Rs. 10 lakh and is suitable for larger micro-enterprises that need substantial funding for growth or diversification.
MUDRA project profiles cover a wide range of business activities, including but not limited to:
Manufacturing:
Profiles related to manufacturing projects encompass various sectors such as food processing, textiles, handicrafts, leather goods, chemicals, engineering products, and more.
Services:
This category includes project profiles for businesses operating in the service sector, such as restaurants, healthcare clinics, beauty salons, travel agencies, consulting firms, IT services, and many others.
Trading:
Project profiles for trading activities cover businesses engaged in wholesale, retail, and distribution of products across different industries, including consumer goods, agricultural produce, electronics, and more.
Agriculture and Allied Activities:
MUDRA also supports project profiles related to agriculture and allied sectors, such as farming, horticulture, fisheries, animal husbandry, agro-processing, and related businesses.
These project profiles provide aspiring entrepreneurs with valuable insights into the specific requirements, potential profitability, and market viability of different business activities. They can serve as a reference point for understanding the loan eligibility criteria and help applicants align their business ideas with the MUDRA loan scheme.
To access MUDRA project profiles, you can visit the official MUDRA website or contact the local branches of participating banks and financial institutions that offer MUDRA loans. Additionally, business development organizations, industry associations.
And entrepreneurial support networks may also provide resources and guidance on MUDRA project profiles specific to various sectors and regions.
To visit: https://msme.gov.in/
