The operational features thus make the process simpler for the real small borrowers – those looking for ₹200,000 or below. As per the National Sample Survey Organization (NSSO) data, India has close to 6 crore small and medium size enterprises. There are several individuals who aspire to set up small businesses but can’t mostly due to credit limitations. MUDRA seems to be the most beneficial for the smallest borrowers from this huge potential universal set of borrowers. Based on various discussions with the bank managers and credit officers, about 70percent of the applications coming in for MUDRA loans are approved on an average.