3.Business Development Services
We at ESAF Microfinance provide microcredit with a specific purpose of creating job opportunities / bringing responsibilities to our members, which can build confidence and eventually translate into respectability in the society. We offer a suite of loan products for them to choose from, depending upon their needs.
Income Generation Loan (50-75 weeks)
General Loan (50 weeks)
Housing Loan (4-7 years)
Vyapar Vikas Yojana Loan (4 months)
Nirmal Loan (Water & Sanitation) (2 years)
We provide life-insurance services (for normal / accidental deaths) at highly competitive rates by entering into alliances with companies like United India Insurance and Star Union Dai-ichi Life insurance Company.
Business Development Services
We empower the poor by providing them skill development training and market access for business development. Assistance is given to set up or expand small businesses for self-reliance.
The services offered by ESAF are not limited to finance and skill development training, we are always on the lookout for value added benefits that can contribute to the holistic development of our clients. By strictly adhering to our values, we have entered into strategic alliances with Central and State Governments/ Corporates / Agencies to extend the following services to our clients-
Swalambhan Yojana (NPS)
In alliance with the Central Government, ESAF is providing Swalambhan Yojana (National Pension Scheme) services to the client. This social security scheme enables the poor to earn a fixed income, like Government servants, even after retirement.
Vyapar Sewa (Sanchar Sakthi)
Through the Sanchar Sakthi scheme of the Central Government, ESAF provides mobile enabled marketing services to our clients.
In order to cater to the healthcare needs of the clients, ESAF in association with Hindustan Unilver (HUL), provides Pureit, a table top multi stage water purifier that provides water as safe as boiled water to the clients under easy installment purchase scheme. It does not require running water or electricity for functioning and has an auto shut off mechanism that blocks the flow of water when it is no longer fit to drink.
In alliance with Western Union Money Transfer, ESAF offers money transfer services to our clients for convenient receipt of remittances from abroad.
In alliance with our policy of promoting clean energy ESAF has entered into an alliance with Micro Energy Credits USA. Under this program ESAF is promoting clean energy products vital to the well-being of our clients, like solar lights, energy efficient cooking stoves and water purifiers.