Products
Income Generating Loan (IGL)
To facilitate the financial enlistment of women VMCSF provides collateral free loans of small amounts to women entrepreneurs belonging to poor families with the aim to full fill their needs for working capital and for initial investment. The loans are disbursed to women federated in groups of 5members with the other four members acting as guarantor for the member availing the loan. Repayments for the loan are made in weekly centre meetings facilitated by the field managers of VMCSF.
Seasonal Loan
Added to General loan, VMCSF also Offer seasonal loan product at the time of festivals and school
admission when the members are in dire need of money. The focus Group Discussion and limit
satisfaction surveys which were conducted as part of the Practitioner Learning Programme (PLP)
manifested that the members of VMCSF approach the local money lenders during festivals like Diwali
Christmas Pongal etc. The time of admission and readmission of their works in schools.VMCSF
introduced the seasonal loan products to satisfy their consumption needs after such findings.
Seasonal loan is catered to the members who had a regular and prompt repayment history and
attendance in centre meetings.
Agri Allied Loan
VMCSF believe in rural empowerment. Which is why, our Agri & Allied Business Loans are provide to members and rural entrepreneurs with micro finance for various agriculture and allied activities including dairy development, food processing, horticulture, and other rural enterprise segments. These loans are specially made to suit members needs. VMCSF providing member with flexible weekly repayment options for them to repay the loan amount easily.
Business loan / Micro Enterprises
This loan will be given to the individual who had a regular and prompt repayment history over 1
year. The loans are for working capital intensive businesses. The loans amount range from Rs.20000
to 50000 with different repayment periods. It is decided to provide such loans after proper
assessment, evaluation and appraisal of the member application form. This loan will be introduced in
the future to senior most small and medium entrepreneurs.
VMCSF is always of the exposed belief that women are the productive and instrument members of family
as a social institution. The member revealed the need of risk mitigation products like insurance and
old age income security products to protect their family from the uncertainties of the future.
Having this embedded in mind, VMCSF began offering the Life Insurance Products at affordable price
to safeguard their lives after an immediate shock.