To be successful, you have to have your business, and your business in your heart.
Sewa Community Credit currently offers five different credit products focused to meet the financial needs of different segment of customers.
Joint Liability Group
The loan is given to enterprising poor who are engaged in any income-generating activity. Five members in a group. They guarantee each other.
This loan will be given for renovation of house .50% of loan amount would be released at initial stage & other half will be released after reasonable proof of loan utilization. Loan term would be 12 to 36 months. Repayment can be made monthly
Small & Medium Entrepreneur Loan
The product has been specially developed to enhance customer retention by delivering large volume loans at lower interest rates (17% Flat Rate for annual) for the existing clients who have been maintaining good credit discipline at SCC.
Rural Poverty Loan
This is a Group loan product & consists of 5 members. Two guarantors should be from JLG/other loan products. Clients who have completed one loan cycle in any of Sewa community loan products are eligible to apply for this loan. The loan duration will be 12 to 36 months& monthly repayment.
The interest portion would be taken in each month and the capital repayment can be made at the loan maturity period.