Mizoram AMEn Credit Guarantee
By Department of Commerce and Industries, Government of Mizoram
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Quick Answer
Mizoram's AMEn scheme backs micro-unit loans with 100% credit guarantee coverage, opening institutional credit to BANTU businesses.
- Funding amount
- Varies
- Funding type
- Debt
- Application deadline
- Rolling
- Location
- Mizoram
- Registrations needed
- Udyam registration
About this loan
Collateral is the usual wall between a micro-enterprise and a bank loan. Under the Industrial and Investment Policy of Mizoram 2025, the AMEn scheme integrates institutional credit access with 100% credit guarantee coverage for micro-units, so the lender's risk on an eligible loan is fully covered.
The target group is Business Aspirants Units (BANTU) — micro-scale businesses that would otherwise struggle to satisfy a bank's security requirements. Note what the guarantee is and is not: it is a credit enhancement, not a grant. The loan you draw is still yours to repay on the lender's terms.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
The Commerce & Industries Department is the Government of Mizoram body for industrial development and commerce in the state. It was set up in 2016 by merging the Industries Department with the Trade & Commerce Department, and its Directorate is in Khatla, with offices in every…
Learn moreBenefits & Funding
- Fund type
- Debt
- Equity
- Equity-free
- Repayment
- Repayable
What You Get
AMEn integrates institutional credit access with 100% credit guarantee coverage for micro-units. The guarantee stands behind the lender's exposure, which is what makes a collateral-light loan possible for a Business Aspirants Unit. The underlying facility remains a loan repayable to the lender on its own terms.
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The lender appraises the micro-unit's credit proposal in the normal course; AMEn coverage backs the sanctioned facility with a 100% guarantee.
Application Process
- 1
Prepare the proposal
Register the micro-unit and prepare the business plan and credit requirement.
You - 2
- 3
- 4
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What does the guarantee cover?
AMEn provides 100% credit guarantee coverage for micro-units accessing institutional credit.
Is this a grant?
No. It is a guarantee that supports a loan; the credit itself is repayable to the lender.
Who qualifies?
Micro-units under the Business Aspirants Unit (BANTU) category.
Does the policy state a loan ceiling?
The clause states the 100% guarantee coverage without specifying a rupee limit.
Where do I apply?
Through the institutional credit route, with the Department of Commerce & Industries, Government of Mizoram facilitating AMEn coverage.
Sources
Data on this page is compiled from official program and provider references.
