Description: To uplift
Minority Women in urban and rural areas and to provide income generating
activities for becoming self employable, the Andhra Pradesh State Minorities
Finance Corporation has taken up the scheme of Micro Credit to Self Help
Groups.
Beneficiaries: women
Community.
Benefit Type: Subsidy.
Eligibility Criteria: 1. Minority women, must be a
member in self-help group
2. Self help Groups having availed Revolving fund from District Rural Development Agency and Municipalities are also eligible after (6) months of availing of Revolving Fund.
3. Homogeneous (Minority) groups are eligible for availing Micro Credit from Andhra Pradesh State Minorities Finance Corporation
4. Heterogeneous Groups (Mixed Groups) in which minorities and Scheduled Caste , Scheduled Tribe, Backward Class and Other Backward Classes are also eligible for Micro Credit.
5. Senior Self Help Groups i.e. (2) years above groups who have not availed revolving fund from any Government Agency are also eligible for Micro Credit.
6. Self help Groups who are having accounts in Mutually Aided Co-Operative Societies successfully operating are also eligible for Micro Credit loan subject to their operation in accordance to the Mutually Aided Cooperative Societies act.
2. Self help Groups having availed Revolving fund from District Rural Development Agency and Municipalities are also eligible after (6) months of availing of Revolving Fund.
3. Homogeneous (Minority) groups are eligible for availing Micro Credit from Andhra Pradesh State Minorities Finance Corporation
4. Heterogeneous Groups (Mixed Groups) in which minorities and Scheduled Caste , Scheduled Tribe, Backward Class and Other Backward Classes are also eligible for Micro Credit.
5. Senior Self Help Groups i.e. (2) years above groups who have not availed revolving fund from any Government Agency are also eligible for Micro Credit.
6. Self help Groups who are having accounts in Mutually Aided Co-Operative Societies successfully operating are also eligible for Micro Credit loan subject to their operation in accordance to the Mutually Aided Cooperative Societies act.
How to Avail: The eligible Minority women of
Self help Groups should approach the Executive Director of Andhra Pradesh State
Minorities Finance Corporation for financial assistance.
Reference URL: http://www.apsmfc.com/loan-micro-credit.html
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