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There is a greater propensity among women to be financially responsible, accountable and conservative as they are less prone to get involved in economically wasteful activities such as alcoholism and smoking. By the provision of small credit, through interest free loans to women, it is hoped that household incomes could be enhanced with the promotion of self employment activities.
Loans will be screened and approved in a manner to ensure that the benefits are provided to the targeted groups and the highest standards of transparency, ethics and morality are maintained.
The selected 500 recipients have been granted loans of Rupees Five thousand (Rs.5,000.00), Which was provided at zero rates of interest.
In order to qualify for a subsequent loan clients are requested to repay the previous loan in full. Loan defaults are neither encouraged nor promoted. |
