It is a group based loan without collateral provided to the member clients after the completion of Pre-Group Training (PGT) and the Group Recognition Test (GRT) by the Concerned officers. This product has been designed to promote small scale entrepreneurship among the people of deprived sector.
This Loan Product has been designed to promote and expand the existing businesses of member clients who are in need of extra financial support. It is disbursed after the repayment of few Installment of micro loan. The member clients maintaining strong credit and center discipline can now apply for the seasonal loan and it is provided as the support to their existing business. The loan utilization checks and the proper supervision of the clients financial behaviour will be the key factor the disbursement of this loan product.
This loan product is designed to fulfill the emergency aroused due to natural disaster, accident, serious illness and other small basic needs of the member clients. A certain small amount will be disbursed under this loan product whose repayment tenure will also be quick and small.
Member Clients who have been affected by the natural disaster are eligible for persuing disaster loan. Hence the memeber clients whose income sources have been affected by natural calamities are analyzed and offered the disaster loan in lesser interset rate than the other loan products. It is also the one of non-collacteral loan product available for member clients.
Micro Enterprise Loan
Member Clients who have enough entrepreneurial skills and willingness to establish small and cottage scale business and lacking the proper fund can apply for this loan product. It is a collateral based loan provided to both member clients and non-member clients. Member clients should be able to project their planning and skills to run their planned micro-enterprise.
Renewable Energy Loan
This is a collateral based loan product designed for the development & installation renewable energy sources like as solar pannels, bio gas etc.
Other loans such as foreign employment loan, education loan etc. are also can be disbursed as per as the need and necessity of member clients under the prescribed rules and regulation formulated by Nepal Rastra Bank.