Working Capital Support Fund for Individual Nano & Micro Enterprises
An enterprise owned by an individual or more than one individual in partnership. For the purpose of CAP, an individual enterprise is classified on the basis of
Size of the investment, Employment generated, Business Turnover.
This support is a onetime short-term assistance that can help overcome immediate cash flow crisis for the businesses/enterprises at the village level.
Nano Enterprises
Investment
Business Turnover
Jobs Created
Micro Enterprises
Investment
Business Turnover
Jobs Created
Nature of Support:
This will provide short-term assistance of upto Rs.50,000/- per enterprise (SHG member/SHG household) for farm and non-farm activities. The support will be primarily for working capital support to existing nano and micro individual enterprises run by the SHG member / SHG household. The amount will be based on requirements of the businesses/enterprises and nature of support as derived from the activity plan.
Our Targets
Estimates of Coverage & Targets
Required documents
- ID proof
- An application form with a request to receive the short term assistance including working capital requirement details for 6- 9 months
- Copy of bank passbook
- Current business activity status report
- Existing loan repayment status (if any)
- In cases where SHG member is not the direct owner of business or enterprise and someone from the SHG household will use the short term assistance for household business or enterprise, then the SHG member should provide selfcertification of who (defining the relationship) the person is for records at PLF level.
Beneficiaries
