Income Initiation for Women in Need
We have been operating under a Joint Liability Group ( JLG) model since inception. Our products are also aligned to the requirement of cycle based loans as is typically the case in any JLG model. The loans are offered to women who form a part of each JLG. These loans are usually for income generation.
This is a business financing loan scheme ranging from 10,000 to 70,000. This loan is offered to small entrepreneurs engaged in agriculture, animal husbandry, operating as artisans, running cottage industries or offering locally useful services for which they need working capital.
This loan is offered to our long term borrowers who require support to renovate or repair their dwelling units and the loan goes up to 30,000.
To support seasonal businesses, we also have a product for a shorter tenure. The amount offered here is Rs.25000 and the tenure is for 9 months.
To support our borrowers in their efforts to adopt safer and a more hygienic way of life, we have loans for WASH
(Water Sanitation and Hygiene) which is offered under the GESSUP brand. The amounts range between Rs.10000 to Rs.20000 and the tenure of these loans are for a year.
Under GESSUP, we also allow loans for adoption of clean energy.