Credit Guarantee Scheme Awareness among Micro and Small Enterprises in Assam

The present study is an attempt to analyse the awareness level of the Micro and Small Enterprises towards the credit guarantee scheme of the ‘Credit Guarantee fund Trust for Micro and Small Enterprises’ in India. Adopting scheduled based survey primary information has been gathered from a sample of 300 Micro and Small entrepreneurs operating in two districts of Assam (India), namely kamrup rural and kamrup metro to measure the level of awareness on the scheme. Further by using non-parametric test the study establishes the association between the awareness level and demographic characteristics of the entrepreneurs. With the discovery of low order of scheme awareness among the entrepreneurs the study infers that age, education, entrepreneurial experience, beneficiary status of the entrepreneurs and loan size are significantly associated with the level of awareness. The level of awareness remains independent of the gender of the entrepreneurs and the nature of their business.