Women’s Self Help Group (SHG) Loans

SHGs comprise of 12 to 20 women. These groups are self-selected and individual
members co-guarantee the loan.

Entry Level Loan (ELL) Activity Term Loan (ATL) Certified Activity Loan (CAL)
Amount Up to Rs. 20,000 Rs. 30,000 to Rs. 48,000 (depending on loan cycle)
Tenure 20 months 30 months
Preconditions On time repayment of ELL Rs. 30,000 to Rs. 48,000 (depending on loan cycle) Passed Teach 70 Micro Business Education (MBE) Course with 60% or higher.
Collateral None None None
Life Insurance Coverage Yes Yes Yes
Interest Rate 22.5% per annum 22.5% per annum 22.5% per annum

Retail Loan

Retail loan is unsecured individual loan of Rs. 50,000 or
Rs. 1,00,000 provided to small retailers. The loan has a tenure of 12 months and rate of interest of 28.8% p.a