Our **Income Generation Loan (IGL)** is a specialized business credit line crafted to assist micro-entrepreneurs, small traders, shopkeepers, and local artisans. It provides dedicated capital to scale existing operations, procure raw materials, purchase equipment, or invest in business expansion.
We believe that scaling up local livelihoods creates stable income streams and generates employment opportunities within communities, contributing directly to sustainable regional economic growth.
| Criteria | Requirement Details |
|---|---|
| Business Vintage | The applicant must be running an active income-generating activity for at least 1 year. |
| Age Limit | 18 to 60 years at the time of loan setup. |
| Credit Character | A good track record of past borrowings (if any) and a recommendation from local community references. |
| Location Focus | Himachal Pradesh resident with a permanent business premise or stall setup. |