Solidarity Loan

 
       Solidarity Loan

 

A Solidarity Loan is micro joint-liability credit in local currency, designed for groups of rural people who have a specific purpose of using the loan for general business activities to improve their household's economy.


Advantages
A Solidarity Credit from Amret offers a number of key benefits, including:
No requirement of physical collateral.
Free installment of capital.
Convenient door-to-door services for the borrowing and repayment of loans.
Reasonable interest rate, calculated based on outstanding balance.
Flexible loan terms following your personal or business requirements.
Easy and flexible group formation.
No loan fees charged.


Amret makes it easy
To apply for an Amret Solidarity Loan, you'll need to follow these simple steps:
Talk to Amret's staff or any member of the village association committee located in your village.
Enter into a join-liability group ranging from 3 to 6 members.
Request a specific amount and arrange terms that are catered to your needs.
Fill in and submit a loan application form at one of our branches.
Agree to the loan terms & conditions.


Download Loan Leaflet (pdf file) click here



 
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