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Strongly 1 0%
Agree
Mudra loan has
overall very pos- Agree 28 13%
5 itive economic Neutral 54 24% 2.36
impact on busi- Disagree 104 47%
ness
Strongly 34 15%
Disagree
The main purpose of any loan for business to
support the business operations or expansion.
The present study reveals the economic impact of
Mudra loan on the business of the beneficiaries.
It is found that majority of the beneficiaries of
Mudra Loan have shown clear disagreement on the
statements showing the positive economic impact
of loan on their business. It is really unsatisfactory
when it has been disclosed by the beneficiaries
that the Mudra loan taken by them has not played
any significant role in increasing the turnover of
the business, in adding human resource which
results in employment generation, or any kind of
expansion of business.
Besides this, the majority of the beneficiaries
would like to recommend Mudra loan to others
which shows that the yojana has played important
role in supporting the business activities of the
beneficiaries. The Mudra loan has got the popularity
over other business loans due to its distinguished
features which favours the small business.
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