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WOMEN ENTREPRENEUR LOAN SCHEME
WOMEN ENTREPRENEUR LOAN SCHEME
Maximum Loan Amount
Up to a maximum of Rs 1,000,000
Moratorium Period
Up to 1 year
Repayment Period
Up to 7 Years including moratorium
Purpose of Loan
Setting up of startups in productive activities (generating value addition and contributing to import substitution); and finance of existing businesses in productive activities pursuing their expansion and diversification strategies – across various sectors including ocean economy, manufacturing, tourism and the informal sector
Financing
90% of cost of project 10 % own funds
Eligibility
Women entrepreneurs and women-led business enterprises (including startups)
Security
As per DBM terms & conditions