Funding Mechanism

Loans to Cooperative Societies:

  • Cooperative Societies shall be the primary units for the implementation of the Piggery Mission
  • Cooperative Societies shall be extended 0% interest rate loans by MCAB for undertaking breeding and fattening units
  • Ideally units are to be established by individual members of a Cooperative Societies. However, Cooperative Societies, on its own, may also undertake breeding and fattening activities.
  • Breeding unit to fattening unit’s ratio shall ideally be 1:4 in a Cooperative Society.
  • Maximum loan that can be availed by a Cooperative Society has been capped at Rs. 20 Lakhs.
  • Additional support shall be extended in future for setting up of slaughterhouses, pork vending kiosks, feed mills and support for transport vehicles.

Loans to Individuals through Cooperative Societies:

  • An individual can avail loan of Rs. 2,35,000 for establishing a Breeding Unit with 1 boar & 4 sows.
  • An individual can avail loan of Rs. 50,000 for setting up a Fattening Unit with 4 piglets along with the construction of shed.
  • An individual can avail loan of Rs. 25,000 for setting up a Fattening Unit with 4 piglets without the construction of shed.
  • An individual shall be permitted to avail a maximum of 2 loans.

Loan Highlights

0% interest rate loans

1.5 years of moratorium

Repayment in 13 equal bi-annual installments within 8 years

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