Elevate Your Microenterprise with Our Tailored Micro Business Loan Solutions.
Micro Business Loan
We all have aspirations and dreams to accomplish and many a time it so happens that we end up compromising. Further, one of the biggest hurdles faced by women is raising funds for a business idea. The business idea could be as simple as ‘opening a small shop’ or getting involved in several other small activities.
In an unfortunate scenario, many firms refuse to give loans to women owing to their low income. Understanding these needs of women, PURVAJA offers Micro Business Loan which empowers rural women, who can form a group and avail the financial aid without worrying about their income. Our Solidarity Group Loan is a special offering for women that gives them an opportunity to pursue their dreams and become financially independent.
You must fulfil these eligibility criteria before availing this loan:
- Should be at least 21 years old (at the time of application) and less than or equal to 60 years (at the end of the loan tenor)
- Should be residing in the city for at least two year
- Should have a valid Mobile number
- Two photographs of Applicant & Co-Applicant
- Address Proof of Applicant and co-applicant (Voter ID card, UID, Passport or Driving License)
- Identity Proof & PAN Card/Form 60 of applicant and co-applicant
- House ownership proof
Features & Benefits
Small Amounts Offered
The Micro Business Loan offers an amount from INR 23,000 to 75,000
Short-Term Loan
The tenure of the loan is in the range of 18 to 24 months
Especially For Women Only
The special loan can be easily availed only by women
No Collateral Required
Women can apply for the loan without worrying about providing a security
Other Services
Frequent Questions
Micro business loans are small loans typically ranging from $500 to $25,000 designed to help entrepreneurs and small businesses launch or grow their operations.
Eligibility criteria vary but generally include legal business establishment, minimum revenue or operating history, and good personal credit.
Common uses include purchasing equipment, inventory, marketing, and covering operational expenses.
Any Questions? Let’s talk
We aim to serve customers who are in need of immediate funds as well good return on their investments.