The company provides an array of financial services including microloans, Secured and Unsecured MSME Loans, savings and Insurance to its clients. The lending methodology is SHG based with group guarantee for Microloans.
|1||Income Generation Loan||Purpose - For any income generation activity undertaken by either group member or her family member restricted to Father, Father in law, Spouse, Son, son – in-law, Mother, Mother in law, Daughter, Daughter-in-law. Loan Sizes – Rs.15,000- Rs.50,000 Tenor – 18m/24m.|
|2||Individual Loan||Purpose – To provide assistance for already existing business and to expand an individuals working capital requirement Loan size – Rs.35,000- Rs.2 Lakhs Tenor - 3-4 years|
|3||MEL Loan||Purpose - To provide assistance for already existing business and to expand an individual’s working capital requirement pertained to specified terms and conditions.
Loan size – Rs.2 lakhs – Rs.10 lakhs Tenor – 3-6 years
|4||Savings & Insurance||Saggraha offers savings account and life insurance services to its microloans clients. The company has partnered with various Banks and Insurance companies for provision of these services.|