Page 118 - MUDRA ANUBHAV

Type of Loan in demand
• It was found according to the responses of both
beneficiary and lenders that most demanded

category of loan was Kishor which provides
financing from Rs. 50000 to Rs. 500000 and
the same is used for overall business needs,
including both long term and working capital

needs.
Documentation Impact:
• In terms of documentation, Beneficiary
respondents have reported the basic

documentation to be simple and convenient and
lenders reported that most of the borrowers had
standard KYC documents like Aadhar and PAN
Card.

• However, the beneficiaries reported challenges
in terms of availability of last two years’ tax
returns and CA certified financial projections
etc and bankers also reported that there are a

large number of borrowers, which are not well
prepared with the technical details of the project
for which they are seeking investment or the
financial projections for the business for which

they are seeking funds.
• Both borrowers and lenders have shown overall
positive feelings towards documentation process
for PMMY loans.

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