Loan Products >> Income Generation Loan
Extended to groups of women having 10-20 members each, the loan amount varies from 10,000 to 22,000 in 5 cycles. The clients using income generation loans are provided technical training and market access support services.
Loan Amount:
1st Cycle- Rs. 5,000/-, 8,000/- & Rs. 10,000/-
2nd Cycle- Rs. 8,000/-, 10,000/-, 12,000/- & 15,000/-
3rd Cycle- Rs. 12,000/- 15,000/- & 18,000/-
4th Cycle - Rs. 15,000/-, 18,000 & 20,000/-
5th Cycle- Rs, 18,000/-, 20,000/- & 22,000/-
Tenure: 12 months for loan amounts upto 15,000 and 24 months for amounts higher than 15,000/
Repayment Frequency: Bi-weekly
Annualised Interest Rate: 26%
Processing Fee: 1% of the loan amount collected at the time of disbursement in cash.
Insurance: Rs. 4/- per thousand per annum for 1 year and Rs. 7 for years.
Tenure: Same as loan duration
Coverage: Client and Spouse / Guarantor
Loan Products >> Business Loan
Extended to groups of women having 8 to 10 members each, the loan amount ranges between 25,000 to 35,000. The clients using business loans are normally existing clients who have graduated to home based enterprises. This loan is also given to new clients where there is a demand of loan amount in the range of 25,000 depending only upon their business viability. The clients using business loans are provided market access support and business development support services.
Loan Amount: Rs. 25000/-, Rs. 30000/-, Rs. 35000/-
Tenure:48 installments
Repayment Frequency:Bi-weekly
Annualised Interest Rate:26%
Processing Fee:1% of the loan amount collected at the time of disbursement in cash.
Insurance:Rs. 4/- per thousand per annum for 1 year and Rs. 7 for years.
Tenure:Same as loan duration
Coverage: Client and Spouse / Guarantor
Loan Products >> Livestock Loan
Extended to groups of women and their spouses, the groups have 5 members each. It is primarily 2nd to 5th cattle finance. One of the meetings in a month is training meeting where both husband and client participate. These loans are given only in those villages where livestock rearing and milk selling is primary source of livelihood. The Clients of livestock loan are provided with livestock insurance and livestock management support services.
Loan Amount: Rs. 25000/-
Tenure: 48 installments
Repayment Frequency: Bi-weekly
Annualised Interest Rate: 26%
Processing Fee: 1% of the loan amount collected at the time of disbursement in cash.
Insurance: Rs. 4/- per thousand per annum for 1 year and Rs. 7 for years.
Tenure: Same as loan duration
Coverage: Client and Spouse / Guarantor
Loan Products >> Enterprise Loan
Extended to groups of youth and women having 5 members each the loan amount ranges between 30,000 and 50,000. The repayment is spread over 30 fortnights. The clients using enterprise loans are provided with business development support services.
Loan Amount: Rs. 30000/-, Rs. 40000/-, Rs. 50000/-
Tenure: 30 installments
Repayment Frequency: Bi-weekly
Annualised Interest Rate: 26%
Processing Fee: 1% of the loan amount collected at the time of disbursement in cash.
Insurance: Rs. 4/- per thousand per annum for 1 year and Rs. 7 for years.
Tenure: Same as loan duration
Coverage: Client and Spouse / Guarantor
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