CML provides loans under the Joint Liability Group (JLG) model to women entrepreneurs. The loans are based on a joint guarantee from members. The loan size ranges from Rs 15,000-Rs 80,000 for a maximum tenor of 24 months on a weekly/monthly repayment frequency. All disbursements are done in bank accounts (cashless).
|Product Name||Frequency||Tenure||Loan Amount (INR)|
|CENTRUM –MAITRI LOAN||Monthly||12 Months||From 15,000 up to 25,000|
|CENTRUM –SAMRUDDHI LOAN||Monthly||24 Months||Above 26,000 up to 80,000|
|CENTRUM -SARATHI LOAN||Weekly||52 Weeks||From 15,000 up to 30,000|
|CENTRUM-SVABHIMAAN LOAN||Weekly||104 Weeks||From 31,000 up to 80,000|
|CENTRUM-VISHWAS LOAN||Monthly||24 Months||From 35,000 up to 80,000|
|CENTRUM-UNNATI LOAN||Weekly||104 Weeks||Above 35,000 up to 80,000|
Centrum Microcredit ‘Aarogya Dhaara’ product in collaboration with water.org provides financial assistance in the form of micro-loans to enable access to safe water and sanitation.
|Loan Product||Loan Amount||Repayment period (months)||Interest rate (Tentative)|
|Toilet improvement loan||Rs 10,000-15,000||1 or 2 years||23.68%|
|House Water Connection / Piped Water / Water Storage||Rs 15,000– 20,000||1 or 2 years||23.68%|
|Borewell or Hand Pump||Rs 25,000-30,000||1 or 2 years||23.68%|
|New Toilet (Septic / Pit)||Rs 30,000||1 or 2 years||23.68%|