Saija Karobar Rin (SKR) |
Loans range from Rs. 5,000 to Rs. 15,000
Term of the loan is 46 weeks with principal and interest payments due on weekly basis
Interest rate : 26% per annum (Diminishing)
Processing fee : 1% of loan amount inclusive of service tax
Methodology : JLG of 5 members |
Provides financial assistance to self-employed men & women to support their business enterprises, such as
- Increase in working capital
- Purchase of fixed assets
- Expansion & Improvement in business.
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Owner of small business men or women.
Age group: 18-58 years.
In the same business and current location for last 2 years.
All Members of a group must belong to same locality. |
Saija Mahila Rin (SMR) |
Loans range from Rs. 5,000 to Rs. 15,000.
Term of the loan is 46 weeks with principal and interest payments due on a weekly basis
Interest rate :26% Per annum (Diminishing)
Processing fee : 1% of loan amount inclusive of service tax
Methodology : JLG of 10 members |
Provides financial assistance to women to support
- Income generating activities in their household.
- Genuine consumption needs such as, education, household improvement etc.
|
Women should preferably be engaged in an income generation activity,
Age group: 18-58 years.
All Members of a group must belong to same locality. |
