We all have aspirations and dreams to accomplish and many a time it so happens that we end up compromising. Further, one of the biggest hurdles faced by women is raising funds for a business idea. The business idea could be as simple as ‘opening a small shop’ or getting involved in several other small activities.
In an unfortunate scenario, many firms refuse to give loans to women owing to their low income. Understanding these needs of women, SMFG India Credit offers Solidarity Group Loan which empowers rural women, who can form a group and avail the financial aid without worrying about their income. Our Solidarity Group Loan is a special offering for women that gives them an opportunity to pursue their dreams and become financially independent.
Small Amounts Offered
The Solidarity Group Loan offers an amount from INR 23,000 to 75,000
The tenure of the loan is in the range of 18 to 24 months
Especially For Women Only
The special loan can be easily availed only by women
No Collateral Required
Women can apply for the loan without worrying about providing a security
Interest Rate Rationale
Fees & Charges
These are the eligibility criteria you must fulfil before availing this loan: