Inspiring life

Emergency Loans

Purpose

Grameen Koota offers short term emergency loan to its clients to help them address emergencies and short-term cash flow constraints. This timely financial assistance refrains the members from resorting to other informal sources of money, which are very expensive.

Loan Amount

Clients can avail Emergency loans upto Rs. 1000/- to help them deal better with sudden crisis situations.

Rate of interest

18% per annum on declining balance.

Tenure

Maximum of 3 months.

 

 
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