I want to start micro finance business with Rs 20000 as capital ,how I can proceed with details? -

1. Statutory licensing requirements 2. whome to approach3. a business model

if you can invest Rs. 20,000/- and banks share shall be say Rs. 80,000/- totalling Rs1,00,000/-since you are a specialist in rain harvesting systems which it self is an inthing in todays time and has demand , it is better to proceed with the sameyou need a detailed project report for the purpose of banks as to how much this will cost, what are the inputs/rawmaterials , where you are going to sell the product/who are your likely customers, whether there is decent turn over to enable you to return the bank loan regarding statutory requirements you may have to approach state single window agency for industries for the licencing business model : generally it is advised to go in to the business you have dealt in/ you have the basic knowledge since you are a rain water harvestin specialist , also it needs less capital you may opt for the sameNOTE: YOU CAN HAVE THE SSI BENIFITS ALSO