Financial Assistance up to Project Cost of Rs. 60,000 is provided for small income generating activities.
Up to Rs 60,000/- (Unit Cost) - up to Rs 90% of the Project Cost. (Quantum of Assistance) - Interest Rate per annum chargeable to (SCAs-2%; Beneficiaries-5%)
Repayment Period:
Within 3 1/2 years, in quarterly installments from date of each disbursement including moratorium period.
Moratorium Period:
3 months.
Note: On repayment of loans under Micro-Credit, through the concerned SCAs, the eligible beneficiaries can avail any loan under NSFDC scheme.
DETAILED PROJECT REPORT AND BUSINESS PROPOSAL FOR BANK LOANS RELATED BUSINESS ENTREPRENEURSHIP DEVELOPMENT PLEASE CONTACT….
Project Manager
ARE (Arms for Rural Entrepreneurs)
Karunagappally, Kollam-690544
Mail: areklm0076@gmail.com, Tel: +91-7907048573
UDYAM-KL-06-0000419, Reg. No: SH020500060479
Web : www.areklm.com
Link : www.areklm.org