| Features | Loan Amount | Interest Rate | Processing Fee | Repayment Period | Repayment Frequency |
|---|---|---|---|---|---|
| IGL-Pragati (for income generation activities) |
Upto Rs 15,000 |
26% (on reducing balance) |
0.997% of loan amount |
52 weeks |
Weekly/Bi-weekly/Four weekly with moratorium for one installment |
| IGL-Pragati Plus (for income generation activities) |
> Rs. 15,000- 25,000 |
26% (on reducing balance) |
0.997% of loan amount |
104 weeks |
Weekly/Bi-weekly/Four weekly with moratorium for one installment |
| Emergency Loan |
Rs 1000 |
18.8% (on reducing balance) |
0.997% of loan amount |
10 weeks |
Weekly |
| Cook Stove Loan |
Rs 700 to 1400 |
24% (on reducing balance) |
NIL |
20 weeks |
Weekly |
| Water Connection Loan |
Upto Rs 5000 |
21% (on reducing balance) |
0.997% of loan amount |
104 weeks |
Bi-weekly |
| Sanitation Loan |
Upto Rs 10000 |
21.00% (on Reducing balance) |
0.997% of loan amount |
104 weeks |
Bi-weekly |
| GRAVITY Loan (For vocational training purpose) |
Upto Rs 10000 |
22% (on reducing balance) |
1% of loan amount |
21 months |
Monthly with three months moratorium period |
Grameen Koota
Wed, 05/11/2011 - 17:03 — admin
Grameen Koota, a division of GFSPL, began in May 1999 as a project under the T. Muniswamappa Trust. Grameen Koota adapted Grameen Bank's group lending methodology, and offers collateral-free loans to women from poor and low-income households. These loans help the clients raise their standard of living and consequently help break themselves and their families out of poverty.
Grameen Koota offers the following products:
GFSPL group
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