Profile of

MUDRA Udyamis
Funding the unfunded
The NSSO Survey (2013) has observed
that there are 5.77 crore small / micro
units in the country, which employs
around 12 crore people, mostly
individual proprietorship / ‘Own
Account Enterprises’. Over 60% of
units are owned by persons belonging
to Scheduled Caste, Scheduled Tribe
or Other Backward Classes. Majority
of these units are outside the formal
banking system and are forced to
borrow from informal sources or use
their limited own funds. With a view to
bridge the gap in financing of this sector,
the Hon’ble Prime Minister launched
the Pradhan Mantri Mudra Yojana
(PMMY) with Micro Units Development
& Refinance Agency Limited (MUDRA)
as a support institution.
Pradhan Mantri Mudra Yojana (PMMY),
a scheme to finance income generating
small business enterprises was launched
on 08th April, 2015, along with the
launch of MUDRA, wherein all banks are
required to finance micro entrepreneurs
engaged in income generating activities
with loan requirement up to ` 10 lakh.
MUDRA provides refinance support to
banks and other lending institutions
lending under PMMY, as per their needs.
MUDRA credit guarantee support is also
available to all eligible institutions under
the Yojana.
The lending under Mudra Yojana
would focus on unfunded segments
of the micro enterprises engaged in
manufacturing, processing, trading,
service sector activities and activities
allied to agriculture by granting the loans
in three categories which contribute
significantly to the nation’s GDP:
Loans up to ` 50,000 (Shishu)
Loans above ` 50,001 and up to
` 5 lakh (Kishor)
Loans above ` 5,00,001 and up to
` 10 lakh (Tarun)
The programme is being implemented
across the country by Banks, MFIs &
NBFCs. MUDRA, as part of its monitoring
the programme, has developed
a dedicated portal to monitor
the progress of PMMY on a
weekly basis.
To facilitate hassle-free and
flexible working capital to the borrowers,
MUDRA has also introduced the MUDRA
card, a debit card on RuPay platform.
About 8.30 lakh cards for an amount of
` 4,300 crore have been issued so far.
The programme has been a great
success and has surpassed the annual
targets set in each year. The programme
has helped more than 11 crore loan
accounts to avail of credit to the extent of
` 5.60 lakh crore from various
formal credit institutions. The PMMY
has thus helped many aspiring
entrepreneurs to realise their dreams
of finding employment and income
generation, which had hitherto
remained unrealised due to lack
of funding support.
Mudra yojana has produced a lot of
successful micro entrepreneurs in our
country in the last three years. Of these,
a few selected successful entrepreneurs
are meeting the Hon'ble Prime Minister
on the 11th April 2018, during the third
anniversary of MUDRA yojana, to thank
him for the yojana, which has changed
the lives of many.
A brief of these 110 successful borrowers
are given in this booklet.
 Corporate & Registered Office:
MSME Development Centre, C-11, G-Block, Bandra-Kurla Complex,
Bandra (E), Mumbai-400 051.
www.mudra.org.in | Email: ceo@mudra.org.in