Kudumbashree Micro Enterprise Development

Project Reports

On August 27, 2020, Chief Minister Pinarayi Vijayan announced the Kerala Athijeevanam Keraleeyam Scheme. The state government will implement this initiative through the CM Local Employment Assurance Programme (LEAP). The Kudumbashree Micro Enterprise Development Programme is planning to launch the Kerala Athijeevanam Keraleeyam Project. The Kudumbashree Micro Enterprise Development Programme is anticipated to help up to 50,000 people. The Kerala Athijeevanam Keraleeyam Scheme contains the KMEDP as an important component. This will result in the formation of 3,000 individual and 2,000 group firms. Until then, Kudumbasree members and their families would be unable to establish their own enterprises. Over ten thousand people will benefit from the project.

What are the advantages of the Micro Enterprise Development Program of Kudumbashree?

  • Up to Rs. 2.5 lakh in loans will be given to individuals so they may start their own business.
  • Ventures and organizations are eligible to get up to ten lakh in benefits.
  • The young people will receive the proper training in the abilities required for the position.
  • There will be no cost training available.

kudumbashree work enterprises

 

What is the eligibility criteria for the Kudumbashree Micro Enterprise Development Programme?

  1. The applicant must be a permanent resident in Kerala state.
  2. The applicant’s age must be between 18 and 35 years.
  3. Applicant should be from a disadvantaged household.
  4. Applicants from Scheduled Tribes (ST) and differently-abled categories will receive a 10-year age relaxation.

What are the documents required for the Kudumbashree Micro Enterprise Development Programme?

  • Aadhar Card
  • Identity Card
  • Business Plan/Project Report
  • Ration card
  • Residence certificate
  • Passport size photo
  • Mobile number
  • Income certificate
  • Caste Certificate (if applicable)
  • Differently-Abled Certificate (if applicable)

A business plan, often known as a project report, is an important document when requesting for a bank loan. The bank utilizes this document to assess the project’s overall feasibility, risks, financial viability, and potential. A well-written and convincing project report improves the likelihood of loan acceptance. With Finaxis, you can create a captivating project report in less than 10 minutes. That, too, is in your language. All public and private sector banks in India recognize our reports. Click to generate your project report.