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Income Generating Loan
Godson Microfinance Federation offers loan for income generating activities such as livestock, agriculture, horticulture, Pisi Culture, Dairy farming, traditional trading businesses and so on and so forth. These loans help clients to build their businesses and gain economic independence. There are three type of Income Generating Loan -
JOINT LIABILITY GROUP(JLG)
| Ticket Size - | 10,000 – 50,000 |
| Interest Rate - | As per RBI Guidelines |
| Loan Tenure - | 12 Months |
| Collection Model - | Weekly, Fortnightly, Monthly |
| Min. Group - | 10 Members |
INDIVIDUAL LOAN
| Ticket Size - | 50,000 – 1,00,000 |
| Interest Rate - | As per RBI Guidelines |
| Loan Tenure - | 12,18 and 24 Months |
| Collection Model - | AUTO NACH |
LOAN AGAINST PROPERTY
| Ticket Size - | 2,00,000 – 15,00,000 |
| Interest Rate - | As per RBI Guidelines |
| Loan Tenure - | 2 Years |
| Collection Model - | AUTO NACH |