Route · /scheme/mfs-shg
MFS-SHG
Microcredit Finance Scheme- Self Help Groups (DAADC)
GujaratSelf Help Groups (SHGS)State/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.
What this is
The scheme aims to promote self-employment for SC individuals. It offers microloans to start small businesses and become economically self-sufficient.
In detail
The "Microcredit Finance Scheme- Self Help Groups" is implemented by the Dr. Ambedkar Antyodaya Development Corporation (DAADC) under the Social Justice and Empowerment Department, Government of Gujarat. It aims to promote self-employment among Scheduled Caste (SC) individuals and Antyodaya Self-Help Groups by providing microloans for starting small-scale businesses. Under this scheme, unemployed individuals from SC communities receive financial assistance to become self-reliant through entrepreneurship.
Who qualifies
- The applicant must belong to a Scheduled Caste (SC) community.
- The applicant must be part of an Antyodaya (AAY) family.
- The applicant’s annual family income should not exceed ₹3,00,000/-.
- The applicant must be a resident of Gujarat.
- The applicant should be a self-help group of unemployed persons.
- The applicant must be a member of a registered self-help group (SHG) or apply individually with valid business intent.
What you get
- Loan Amount: Up to ₹50,000/- (maximum ₹5,00,000/-)- Interest Rate: 6% annually- Loan Tenure: 36 months (3 years)- State Government Share: 95% (₹47,500/-)- Beneficiary Share: 5% (₹2,500/-)- Guarantor: Not required- Possible Installment amount : ₹1,445/- per month.
Listed by myScheme
Documentation completeness
5 of 9 checks passed
Checks are about the record,
not about the scheme.
not about the scheme.
✓
Eligibility published here444 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name150 characters
✗
Implementing agency published herefield absent from the record
✗
How to apply published hereno URL and no offline mode declared
✗
Start date published herenot published
✗
End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
Something missing or wrong on this page?
This register only knows what four government sources publish. If you know where the
real figure lives, a link to the notification or order is what lets us publish it.
Tell us on GitHub
Provenance
Every field above, and where it came from
| schemeName | Microcredit Finance Scheme- Self Help Groups (DAADC) | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |