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Prerana (micro Credit Finance) Scheme
Karnataka
Prerana is a micro-credit finance scheme launched by Dr. B.R. Ambedkar Development Corporation in Karnataka. It provides financial support to Scheduled Caste and Scheduled Tribe women's self-help groups to start or expand small businesses and service units. Groups of 10 members can access funding to establish income-generating activities.
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PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
Ministry Of Housing & Urban Affairs
PM SVANidhi is a micro-credit scheme run by the Ministry of Housing & Urban Affairs to help street vendors access affordable working capital loans. Launched on 1st June 2020, it provides collateral-free loans without requiring security or guarantees. The scheme aims to help vendors grow their small businesses and become financially independent.
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