Samasta Microfinance currently offers two products:
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- Income Generation Loan (IGL)
- Festival Loan
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Members who have successfully availed an IGL are eligible for the Festival loan. The purpose of Festival Loan is to meet the expenses during festivals and to utilize the amount to meet the increase in business during festivals.
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| Product |
Purpose |
Target Members |
Operating Methodology |
Loan Size |
Repayment Frequency |
Repayment Duration |
Rate of Interest (p.a) |
| Income Generation Loan (IGL) |
Income Generation |
Owners of micro and small business (Women only) |
5 member JLGs |
Rs. 10,000 to Rs. 15,000 |
Weekly |
50 weeks |
12% flat |
| Festival Loan |
Meet expenses during festivals |
Women who have availed IGL |
5 member JLGs |
Rs. 6,000 |
Weekly |
30 weeks |
12% flat |
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