Shakti Loan
A programme by Aye Finance
A loan for women-led micro businesses in services and job work, where the primary applicant is a woman and owns the business.
At a glance
| Best for | Women who own a micro business in services or job work and need working funds for it. |
|---|---|
| Duration | 6 months to 24 months |
| Cost | Paid |
About Shakti Loan
The Shakti Loan is a product for women micro-entrepreneurs who need funding for their business. It is designed for women-led businesses in sectors such as services and job work.
What you get
- A loan with tenure from 6 to 24 months.
Who can apply
- The primary loan applicant must be a woman and the business owner.
- Indian citizens aged 18 to 59.
- A business with at least two years of stability.
- A permanent and stable business location.
How selection works: a credit representative verifies the business at its premises, and the credit team then sanctions the loan using its data science model and credit bureau inputs.
How to apply: send a new loan enquiry through the contact form on the website, using the New loan requirement topic, or visit a branch.
Where to apply
Other Aye Finance programmes
- Secured Hypothecation LoanA working-capital or machinery loan secured on the business's working assets, finished goods and machinery, with no mortgage needed.
- Unsecured Hypothecation LoanA working-capital or machinery loan that is partly secured on the business's assets and needs no property collateral.
- Mortgage LoanA larger, longer loan secured on property, for business expansion or long-term needs.
- SwitchPe Merchant CreditA credit line for merchants that take payments, with an interest-free period of up to 14 days.