How group loan for women supports them

Since the beginning of time, rural women have been marginalized, faced discrimination, and had very little to no financial independence. Especially in underserved communities, lack of proper documentation and gender discrimination in these communities have made it difficult to acquire traditional banking services. Microfinance institutions have been helping these underserved women across various rural parts of the country by offering them collateral-free loans and retail loans to help them become financially independent and free from societal barriers. Chaitanya India, a fast-growing Microfinance company in Tamilnadu, offers loans to women at very minimal interest rates to promote entrepreneurship and financial literacy.

Microfinance that Makes a Difference: We provide

Group Lending for women

Our group loan for ladies focuses on serving women from economically backward castes and poor family backgrounds. These group loans are designed to give them access to essential financial services that can help them with a local business or aid them in any other emergencies.

Key attributes

  • Women can avail of loans up to 5,00,000.
  • 36 months of tenure.
  • Customized rate of interest.
  • 0-2 % processing fee.
  • Flexible repayment options.

Retail Loans

We offer microfinance lending to help rural women of India, especially from middle and lower-middle backgrounds. These loans help women in securing their lives and the future of their families.

Key attributes

  • Women can avail of loans up to 5,00,000.
  • 18 to 36 months of tenure.
  • Customized rate of interest.
  • 2% + applicable GST.
  • Flexible EMI repayment options.

How Microfinance Lending Works

Women group loan acts as a powerful tool for financial inclusion, here is how it works:

  • Visit our website or office to understand the loan application process.
  • Get the necessary documents such as identity, address, income, and other necessary documents.
  • Fill out an application form with accurate details and information regarding your financial status.
  • State the purpose of the loan very clearly and our team will assess the application based on various key factors.
  • After all the necessary actions, we approve the loan and disburse it to your account in 2-4 weeks.
  • We offer flexible repayment options and insist on timely repayments to build your credit history and make you eligible for larger loans in the future.

Benefits of our services

  • Financial inclusion for underserved families
  • Access to micro-loans with minimal interest rates
  • Flexible repayment options
  • Support for women from low-income families
  • Support for women from low-income families

Frequently Asked Questions

Our dedicated customer and support services offer financial literacy, the latest market trends, saving accounts, and other insurance products.
Yes, microfinance loans can be used for agricultural purposes by smallholder farmers to grow various crops or enhance productivity, income, and sustainable farming practices.
Group lending in microfinance refers to the access to financial resources by formulating solidarity groups where each member of the group guarantees the other’s loan’s repayment.