The “Micro Finance Scheme for Self Help Groups” is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to economically empower women from Thakor and Koli castes through self-employment opportunities via Self Help Groups (SHGs).

Benefits

• Loan Amount: Up to ₹60,000/- for small businesses.
• Interest Rate: 5% per annum.
• Loan Coverage: 95% covered by scheme; 5% beneficiary contribution.
• Repayment Term: 48 equal monthly installments (4 years).

Eligibility

• Resident of Gujarat and member of a Self Help Group (SHG).
• Must belong to the Thakor or Koli caste.
• Age between 21 and 50 years.
• Annual family income not exceeding ₹3,00,000/-.
• Must have relevant experience in the proposed trade.
• Suitable collateral is required.

Note: 50% of allocation is reserved for those with family income up to ₹1,50,000/-.

Application Process

Online: https://gtkdconline.gujarat.gov.in/

1. Step 1: Visit the official website and click “Apply Now”.
2. Step 2: Select the loan scheme and category, and enter the loan amount.
3. Step 3: Fill in personal, address, income, and bank details.
4. Step 4: Upload scanned documents (Caste, Income, Aadhaar, Photo, Bank passbook, Residence proof).
5. Step 5: Preview and click “Submit”. Save the Application ID.

Documents Required

• Aadhaar Card, Ration Card, and Voter ID.
• Birth Certificate and Caste Certificate.
• Income Certificate and Bank Passbook.
• Business Address Proof and Passport Size Photos.