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Micro Finance Loan
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For giving woman empowerment a much needed fillip… loans for backing women entrepreneurial activity based on guarantee in the joint liability group ( jlg ) model , where in group members guarantee each other’s loans .you can expect: loan range – rs.5,000 – rs.50,000 interest rate (reducing balance) – 26% p.a. Repayment tenure – 52 / 104 weeks processing fees: – 1% of loan amount (exclusive of taxes) insurance premium – rs.6 per rs.1000 loan amount per person per year (inclusive of taxes)
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