Nandini Sahakar - Women Cooperative Enterprise and Credit Support

What it is

Improve the socio-economic status of women and support women-led cooperative enterprise through project formulation, capacity development, credit linkage and convergence with subsidy or interest-subvention schemes.

What you get

• Nandini Sahakar cooperative credit linkage

Who it is for

• the society is registered as a women cooperative under a State or Multi-State Cooperative Societies Act, or has at least 50% women as primary members
• the proposed business-plan activity or service falls within NCDC's credit-linkage mandate and is not urban housing
• new or innovative activity proposals satisfy the applicable minimum operating-period and current NCDC guidelines
• the proposal is viable and passes the applicable direct or State Government/UT financing route, appraisal and security requirements

Not eligible if

• urban housing activities
• membership or application does not guarantee NCDC sanction, subsidy, interest subvention or disbursement
• Nandini Sahakar credit linkage must not be presented as a direct grant
• converged subsidy or interest subvention retains the other scheme's eligibility and sanction conditions
• project-cost limits, funding pattern, rates, security and current lending terms can change under NCDC circulars

How to apply

1. 1
   Confirm women-cooperative eligibility

   Verify the registration basis or at least 50% women primary membership and the applicable operating-period condition for any new or innovative activity.

   Official step
2. 2
   Classify the business activity

   Map the proposed infrastructure, margin-money or working-capital need to a business-plan activity within NCDC's mandate and exclude urban housing.

   Official step
3. 3
   Select the financing route

   Compare direct NCDC funding with the State Government/UT route, then calculate contribution, project-cost cap, debt/equity, security and repayment assumptions.

   Official step
4. 4
   Prepare appraisal and convergence evidence

   Prepare the project report, financials, member records, estimates, security, permits and any separate subsidy or interest-subvention evidence for appraisal.

   Official step
5. 5
   Use the official NCDC handoff

   Apply through the current NCDC or State/UT route and retain sanction, loan, repayment, subvention, monitoring and grievance records.

   Official step

Keep ready