The loan is intended to allow rural and urban poor households to finance their economic activities and build a strong capital base. General Loans are working capital loans given to poor and disadvantaged households. Micro-credit Loans range from BDT 10,000 to BDT 50,000, depending on the economic activity, the borrower’s management capacity, and demand for the product and/or services in the market. The loans are repayable within a year in 46 installments.
Social and Economic Enhancement Programme-SEEP has developed its Micro-enterprise loans for the 50-60% of entrepreneurs capable of graduating from groups, as well as entrepreneurs in the community. Micro-enterprises loans are individual loans that are assessed on the basis of household cash flow, business projections and the reputation of the borrower amongst her/his business peers/in the community. The size of the loan depends on the size of the businesses and the comparative advantages that the entrepreneurs have. With the Micro-enterprise loan borrowers are expected both to provide equity and generate wage labor employment (other than family labor).
Micro-enterprise loans range between BDT 51,000 – BDT 1,000,000, repayable within one year in 46 installments.
The loan is exclusively for agricultural/ livestock activities and is designed to increase the farm activities enhancing the livelihood of the poor rural and pier-urban households. The seasonal loan also enhances food security of the households.
Seasonal loans of BDT 10,000 – BDT 50,000 are given for six Months, depending on the activity, land-holding etc., repayable in 1 installment.