Mudra Loans are a means of financial assistance from the Indian government for small businesses looking to grow or expand operations. These loans can range from Rs. 50,000 to Rs. 10 lakh and require no collateral. Women entrepreneurs who are engaged in small or micro-enterprises are particularly encouraged to apply and have preferences when it comes to the application process. Women entrepreneurs can use the funds from the loans for buying equipment, raw materials, and inventory or acquiring working capital.

The loans have lower interest rates than other forms of loans and longer repayment terms. Successful completion of a Mudra Loan can help women entrepreneurs boost their credit worthiness, enhance their self-esteem and encourage innovation. By obtaining Mudra Loans, women entrepreneurs can achieve financial independence, contribute to the economy, and create opportunities for employment.