Thiruvananthapuram, May 25 -- Kudumbashree is preparing to launch the Individual Enterprise Loan Application (IELA), a digital platform aimed at simplifying procedures for securing low-interest bank loans for women engaged in entrepreneurial activities through neighbourhood groups.
The application, developed by the National Rural Livelihood Mission (NRLM), will allow eligible Kudumbashree neighbourhood group members to submit enterprise loan applications through Kudumbashree itself.
Members who have been active in neighbourhood groups for at least two years and are already involved in enterprise activities will be able to access the facility.
The IELA platform has been integrated with the LokOS online system, which digitises the profiles...