Page 69 - MUDRA ANUBHAV

the loan under PMMY, followed by the business
with the age up to 10 years (Figure No.17). With
the time entrepreneurs are getting experience to

manage finances well in their business and are able
to tap other sources of finance available in formal
and informal financial system.

An attempt has been made to know that which type of

loan has been taken by majority of the beneficiaries
(Figure No. 18). It is found that majority (59%) of
the beneficiaries have taken Kishor Loan which is
within the range of Rs. 50000 to Rs.500000. The

Tarun loan ranging from Rs. 500000 to Rs.1000000
has been taken by 21% whereas Shishu loan which
is up to Rs.50000 has been taken by 20% of the
respondents.

Figure No. 18 – Type of Loan

It shows that the entrepreneurs’ most preferred
loan has been Kishor which provides sufficient
funds to support business operations as well as to

buy capital equipment.
The reports say that Mudra loan disbursements by
state-owned banks rose to Rs 3.82 lakh crore in

2019-20, from Rs 3.05 lakh crore in 2018-19 and

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