Micro Credit Prerana Scheme

  • In order to encourage women from the Schedule caste community and economically empower them DR. BR Ambedkar Development Corporation has launched the Prerana scheme.
  • The objective of this programme is to encourage women from urban and rural areas to set up self-help group and help them to set up a productive business and turn them profitably.
  • Financial aid will be provided to a self-help group comprising of ten women.
  • A joint account will be opened and a financial assistance of Rs. 2.50 Lakhs to income generating activities will be provided.
  • The corporation will pay each individual a sum of Rs. 25,000/- of which Rs. 15.000 will be a subsidy and Rs. 10.000 will be in the form of a loan. Income generated by the self-help group shall be shared equally thus ensuring economic prosperity of all members of the group.