Micro Business Loan: Big Impact for Small Enterprises
A micro business loan is designed to support very small-scale businesses, often run by individual entrepreneurs or home-based ventures. Offered by MFIs, NBFCs, and government-backed institutions, these loans usually range between ₹10,000 to ₹2 lakhs. They require minimal paperwork, no collateral, and are disbursed quickly—perfect for vendors, artisans, and rural entrepreneurs. The repayment schedule is flexible, often customized to the borrower’s cash flow. Micro business loans promote financial inclusion and empower marginalized communities by offering them a sustainable income path. If you’re starting small, a micro business loan can provide the initial push you need.
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