Government of Kerala · Matsyafed

Matsyafed micro credit for fisher self help groups

Small loans to members of self help groups formed under primary fisher cooperative societies, starting at ₹10,000 and rising on repayment.

Last updated on

Cost to apply
Free
Status
Open
Run by
Matsyafed, Kerala State Co-operative Federation for Fisheries Development
Official website (external site)

What you get

  • First loan of ₹10,000, rising to ₹15,000, ₹20,000 and ₹25,000 after repayment
  • Interest of at most 6% a year over three years

Who can apply

  • Nano enterprises.
  • Only for fishing families.
  • The most on offer is ₹25,000.
  • Must be a member of a self help group under a primary fisher cooperative society affiliated to Matsyafed

Where to apply

In person, local primary fisher cooperative society or Matsyafed district office

In Kerala, through primary fisher cooperative societies affiliated to Matsyafed

Where we found this

An independent guide by The Company of Four, not a government website. Schemes change often, so check every detail on the official website before you apply. Links marked ↗ open external websites that we do not run, and we are not responsible for their content. Seen something out of date? Tell us and we will look into it.

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External website

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