Navachetana Microfin Services Pvt. Ltd.
Navachetana Microfin Services Pvt Ltd. works to promote financially sustainable social enterprises that generate long-term livelihood improvements for India's marginalized citizens.
 |
Promoting and strengthening Joint-Liability Groups (JLGs) of poor women and ensuring that these women have access to a range of financial services. |
|
Developing and integrating locally appropriate economic activities and trainings to increase incomes and skill sets of JLG members. |
|
Encouraging and nurturing the development of micro-enterprises initiated by JLG members through the provision of technical and marketing assistance. |
|
Designing and introducing large-scale profitable enterprises to ensure that livelihood advancements achieved by JLG members can be sustained. |
|
Providing high quality educational facilities to children of JLG members and to children of families of poor socioeconomic standing. |
|
Educating communities on efficient, effective methods for natural resource management. |
LOAN PRODUCTS:
JLG Loans-Income Generating Activities (IGA)
LOAN PURPOSE:
Trade,Manufacturing,Livestock and Service
LOAN PRODUCT DETAILS:
Loan Amount: Rs.25,000 to Rs. 50,000/-
Tenure: 1year to 3 years
Interest: ROI 24.09% ( Effective from 1-April-2020 )
Loan Processing Fee: 1% + GST as applicable
Insurance: As per Loan amount & tenure
Disburesment: Bank Account Transfer & CASH
Repayment: Bi-weekly and Monthly
Repayment Mode: CASH and NACH
LOAN PROCESS FLOW:
