Publication Type:

Journal Article


International Journal of Innovative Technology and Exploring Engineering (IJITEE), Volume 8, Issue 6S2 (2019)



Finance is essential for the survival of every business enterprises. The ability to access finance is a major factor affecting the growth and success of the business enterprises. Many businesses in Kerala face lot of challenges in accessing loans from banks and financial institutions and also micro and small enterprises are most affected. The study offers an insight into the problems faced by small business entrepreneurs in obtaining credit under the PM MUDRA Yojana or MUDRA scheme from commercial banks. A sample size of 53 small business enterprises in Ernakulum district was taken for this purpose. Findings were presented using Pearson’s chi-Square test, standard deviation, arithmetic mean and frequency. Findings revealed several problems which were perceived by the entrepreneurs while obtaining loan under the MUDRA scheme. Some of these problems are delay in fund disbursement, co-applicant requirement, bank hesitate to give loan to the young entrepreneurs etc. Therefore it is recommended that financial institutions would be more flexible in financing micro and small enterprises.

Cite this Research Publication

Reshma Raj, Shilpa H. S., and K. G. Rajani, “Problems Faced by Small Business Entrepreneurs in Obtaining Credit Facilities from Commercial Banks- With Specific Reference to Mudra Loan”, International Journal of Innovative Technology and Exploring Engineering (IJITEE), vol. 8, no. 6S2, 2019.