Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by PM Modi on April 8, 2015 for providing loans up to 10 lakh to the non-corporate, non-farm small/micro enterprises. MUDRA has created three products namely 'Shishu', 'Kishore' and 'Tarun' to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur.