CSC Grameen eStore, a subsidiary of Common Service Centers under Ministry of Information Technology, and Adani Capital have joined hands for extending business loans to Village Level Entrepreneurs (VLEs) for purchasing products to be sold to customers through the e-commerce platform.
As per the agreement, the Distributor VLEs working in CSC Grameen eStore can avail loan up to Rs. three lakhs. The facility will initially be available for the VLEs of Rajasthan, Gujarat, Maharashtra, Karnataka, Andhra Pradesh and Telangana.
Dr. Dinesh Tyagi, Managing Director, CSC SPV said, “VLEs running Grameen eStores are not only servicing people in rural areas, but also generating huge employment opportunities by employing rural youth. Till date, these eStores have delivered 40 lakh orders. With the loan facility available to the eStore VLEs, they will be able to purchase products in demand without waiting for capital and deliver them to the doorsteps of the customers.â€
The Grameen e-Store, launched in April 2020, offers a large range of products including local handicrafts, groceries, and consumer durables in far-flung areas. It has touched the business of Rs. 450 crores since its launch. The e-store is run by over two lakh VLEs across the country.
