CASHPOR loan services and products include:
- Income Generating Loans –
This loan is designed to enable very poor households to break out of the cycle of low income, low
savings, and low investments which again lead to low income.
- Petty Trading
Loans – This loan has a term of 12 weeks, with a Rs. 500 maximum amount for the first cycle,
and it is designed for clients who borrow working capital for petty trading.
Improvement Loan – This loan is available to clients that have borrowed for three full loan
cycles with a good track record. An interest rate of 10% on the declining balance is applied.
- Recurring Blocked 5-Year Savings in the Group Fund – This service is designed as a
safety net for group members and enables them to purchase shares in the company, hold incremental
savings, and borrow from the Group Fund.
- Recurring Voluntary 1-Year Savings –
Any amount can be saved weekly and savings can be withdrawn on demand.
–Rewards in kind, such as kitchenware, costume jewelry or cosmetics, are given to the top four
voluntary savers per year in each center.