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Loan

 

A. Group Based Loan (Without Collateral) 

  1.  General Loan : This loan is given to those customer who completes the Compulsory Group Training (CGT), Pre-Group Test (PGT), Group Recognition Test (GRT) and have a income generating activities. The Loan ceiling is up-to Rs. 1,50,000/- or as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 2 years and interest rate will be 18 percent.
  2. Seasonal Loan : This loan is used for seasonal type of income generative activities i.e. purchasing and selling of agriculture products and animals in festival session, purchasing chemical fertilizer, seeds and other agriculture or business inputs and is accessible to clients who have successfully completed one year of General Loan. Seasonal Loan ceiling is up-to Rs. 50,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 1 years and interest rate will be 18 percent.
  3. Emergency Loan : This loan is given to those clients who have suffering from natural disaster.  Loan ceiling is up-to Rs. 20,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 2 years and interest rate will be 12 percent.

B. Collateral Loan (Group Based & Individual) :

  1. Micro Enterprises Loan : Infinity Microfinance Bittiya Sanstha Ltd. provide Micro Enterprises loan for development of customer business either group based or individual.  Loan ceiling is up-to Rs. 5,00,000/- or limit define as per Nepal Rastra Bank Directives. The duration of Loan will be maximum 5 years and interest rate will be 15 to 18 percent.
  2. Alternative Energy Loan : This loan is given to those customer who have successfully completion of 2 years in General Loan and demand for manufacturing Bio-Gas plant and solar power.  Loan ceiling is up-to Rs. 40,000/- without Collateral or Rs. 60,000/- Collateral and limit define as per Nepal Rastrya Bank Directives. The duration of Loan will be maximum 3 years and interest rate will be 15 percent.