micro finance

survey

Identify semi-urban industrialized areas that cultivate a culture of entrepreneurship

1
Identification

Identify customers who need our loans

2
Group Formation

Create groups of customers from within the same clusters

3
KYC & Credit Check

Collection of basic KYC and check with credit bureau

4
Application & Loan Sanction

Online filling of the application and loan approval

5
Training & Group Recognition Test

Explain in detail how the loan works, responsibility of the individual members & group as a whole, how they can manage their money better

6
House Verification & Disbursement

Verification of place of residence by the BM and disbursement through bank account

7
Recovery & Business Verification

Collect loan instalments with interest at regular interval with check on utilization by business

8

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