GMF is providing loan for micro-enterprises such as working capital existing enterprise, start-ups, like tailoring shop, grocery shop, vegetable vendors, fruit vendors, artisans, herbal products, push cart vendors, pickle making etc.
|Clients||Women in Joint liability groups|
|Ticket size||Rs.20, 000/- – Rs.1,00, 000/-|
|Loan tenure||12 months – 36 months|
|Rate of interest||11 % to 18 % (depends on the banks) reducing balance|
|Insurance||All movables of the unit will be insured as per norms. Customer insurance is compulsory|
|Training||Training is essential for all income generated activities.|
|Eligibility||Good credit score from Highmark and CIBIL|
GMF – Gramalaya Microfin Foundation is a non-profit organization registered as a Section 25 company founded in the year 2011 with the objective of eradicating poverty through livelihood promotion activities through increased access to financial services.
Gramalaya Microfin Foundation
No.34 Wins anbu avenue,
Next to selvam nagar,
Kulumani main road, Trichy-620102.
Tamil Nadu, India
Phone : 0434-2960134
Mobile : 7397787542
Email id : firstname.lastname@example.org