Welcome to NEWSUN, where our mission goes beyond charity – we empower communities through sustainable financial solutions. Dive into the heart of our initiatives as we present the transformative power of our Microfinance Loans.
The Rural Microcredit Loan is designed to empower both rural and urban impoverished households by providing financial support for their economic pursuits, fostering the establishment of a robust capital foundation. These loans, categorized as General Loans, specifically target poor and disadvantaged households, serving as vital working capital for their various economic activities.
With General Loans, individuals can access funding ranging from BDT 5,000 to BDT 50,000. The loan amount is determined based on factors such as the nature of the economic activity, the borrower’s managerial capabilities, and the market demand for the respective product or service. The repayment terms are structured to accommodate the unique needs of borrowers, with options for weekly installments spanning 1-year installments, totaling 45 installments.
This flexible repayment model aims to ease the financial burden on borrowers, allowing them the time and structure needed to effectively manage their loan obligations while pursuing sustainable economic growth.
Explore the potential of our Microfinance Loans in bringing about positive change in rural communities. Together, we can create a ripple effect that transforms individual lives and uplifts entire regions. Join NEWSUN in the journey of empowering rural futures through the impactful avenue of Microfinance Loans.
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