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Loan Promotion scheme |
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| Name of the Scheme |
LOAN PROMOTION SCHEME |
| Objectives |
To develop the capacity of inexperienced, smaller Egos in lending/recovery programme of
RMK, so that they are eligible for full finance under RMK Schemes in due course |
Eligibility |
1. NGOs with reputation in the areas of women's developmental work, for at least years.
2. Registered under Societies registration of 1860, for 3 years prior to applying for loan
from RMK.
3. Atleast one year's experience in savings an credit programmes.
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| Pattern of Assistance |
1- Rs. 2 lakh for short-term, repayable in In months.
2. Financial assistance for forming self help groups
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