DFCC SAHAYA Loan Scheme (MSME)

DFCC SAHAYA
Loan Scheme (MSME)

DFCC Sahaya Loan Scheme supports micro, small and medium scale entrepreneurs at village level who want to commence new businesses or to expand existing businesses.

General Information

General Information

Loan amount :Rs.300,000/- to 4,000,000/-

 

Loans less than Rs 300,000/- will be considered on case by case.

 

Loan Tenure : Maximum of 5 years

 

Interest rates : 16.5% – 20.5%

 

For Whom

    • Prospective micro, small and medium scale entrepreneurs at village level who want to commence new businesses or to expand existing businesses.

 

    • Entrepreneurs with new ideas based on village resources, IT based products and Eco- friendly economics activities etc.

 

    • Youth, women, young graduates, skilled and differently able people.

 

Project Selection Criteria

    • Novelty of business ideas.

 

    • Entrepreneurial and technical skills of the loan applicant.

 

    • Market demand for the proposed product

 

    • Marketing and packaging strategies

 

    • Potential for employment generation

 

    • Appropriateness of technology

 

    • Technical and financial feasibility of the project

 

    • Environment impact

 

    • Strength of the business plan

 

    • All business that can potentially generate revenue in the Agriculture, Industrial and service sectors are eligible.

 

The Projects/Businesses indicated below will be given preference

    • Agriculture – Fruit and vegetable processing/plant and nursery Development/Organic Farming and Fertilizer Processing/Dairy and Poultry Products/Agriculture Products/Post- harvest Technology.

 

    • Industrial – Welding/Garments/Concrete Work, paving and interlocking/ Leather Products/Painting, masonry and carpentry/plastic and Rubber Processing/Fabricated Metal/Gem cutting and polishing

 

    • Services – Agricultural products collection centers/Tourist Services, restaurants and Entertainments/Gardening and Landscaping/ Beauty culture, Pre – Schools and Child Day Care Centers/IT, Printing, internet and Mobile Phone and Computer Repairs/ Refrigeration and A/C/Motorcycle and Cycle Repairs/Computer Software Application Development/Electrical and Electronic Repairs

 

Succeeding Loans

Additional loans can be obtained upon the success of the business, at a moderate interest rate.