Loans ranging from Rs. 25,000 to Rs. 75000 for each individual to purchase input supplies i.e. seeds, fertilizer, pesticides, provide intrest free loan
To qualify for a loan from Saya Microfinance Company, applicants should be aged 18-60, show a stable income, and have a positive credit history. Residency in the operational region and proper identification are required. The loan purpose may have specific guidelines, and borrowers may need to provide a group or individual guarantee. Women may receive priority. Compliance with the institution’s policies is essential, including attending financial literacy programs.
whereas for Intrest free loan a. The loan provided shall be used for productive economic activities/ small enterprises
b. All beneficiaries must be from 0 to 40 on Poverty Score Card (PSC) AND having valid National Identity Card and should be resident of the target area.
c. All beneficiaries should be between the age of 18 to 60 years.
d. Having viable business plan.
e. At least 10% of loans will be disbursed to women. however, efforts will be made to entertain more women than the committed 10%.
f. Not involved in illegal and criminal activities.
g. The beneficiary should not be defaulter of any other organization.