Maharashtra State Handicapped Finance and Development Corporation, Mumbai
Maharashtra State Handicapped Finance and Development Corporation, Mumbai has been established vide Social Justice Dept. Government Resolution No.EDD-2001/C.R.65/Sudhar-3 Dated 21.11.2001 and registered under section 25 of Companies Act, 1956 on 27th March 2002.
The main object of this corporation is as follows:
- To undertake, carry on, assist to carry on and promote economic development activities including self employment and other ventures for benefit and economic rehabilitation of handicapped persons regardless of their religion, sex, caste, and age, in collaboration with State Government Ministries/Departments,
- Extend financial assistance/loans/concessional finance to handicapped persons for implementing economically and financially viable schemes /projects,
- To grant loans to the handicapped for pursuing education at graduation and higher levels,
- To assist in up gradation/ improvement of technical and entrepreneurial skills,
- To set up training, quality control, process development and other infrastructural development activities aimed to achieve economic rehabilitation/upliftment of handicapped persons,
- To assist other organizations engaged in rehabilitation of the handicapped by providing financial assistance,
- To assist businesses run by handicapped persons in procuring raw materials and marketing finished goods and to work as an Apex Institution for the State of Maharashtra for channelizing the funds received from State Finance Corporation or the Central Government.
The Maharashtra State Handicapped Finance and Development Corporation provides three schemes:
- Term Loan (Small & Medium Scale Business)
- Education Loan
- Micro Credit Finance
More details of these can be found on their website. Click here to be redirected.