Income Generating and Enterprise Development Loan Products

Income Generating and Enterprise Development Loan Products

Normal Loan

Eligibility: All CLBSL members

Loan amount: NRs 40,000 to 60,000 (up to NRs 80,000 for cattle farming)

Repayment period: 12 to 18 months with upto 18% interest rate on declining basis.

 

Entrepreneurship Member Development Loan

 Eligibility: CLBSL members planning to commercialize their ongoing IGA.

Loan amount: NRs 300,000 (without collateral) and NRs 700,000 (with collateral)

Repayment period: flexible repayment period upto 84 months with 16% interest rate

Special service: Business Development services provided through CLBSL.

 

Micro Enterprise Loan

Eligibility: CLBSL members who have completed first loan cycle with good credit history

Loan amount: NRs 300,000 (without collateral) and NRs 700,000 (with collateral)

Repayment period: flexible repayment period up to 84 months with upto 18% interest rate

Special service: Business Development services provided through CLBBL

 

Equipment Purchase Loan

Eligibility: CLBSL members who have completed first loan cycle

Loan amount: up to NRs 40,000

Repayment period: 12 months

Special condition: Members willing to purchase equipment (such as refrigerators, milk can, sewing machines etc.) to upscale existing business or improve business offerings.

 

Business Loan 

Eligibility: Individual or groups associated with CLBSL

Loan amount: up to 300,000 (NRs 20,000 per member for group business loan)

Repayment period: 12 to 30 months on diminishing rate

Special condition:

 

Group business Loan

Eligibility: Groups of minimum one year completed branch.

Loan amount:  up to  NRs 1,00,00,000 (20000 per members if there is 500 members in a group)

Repayment period:  As determined by the bank with 14% interest rate.

Special condition

 

Foreign Employment Loan

Eligibility: CLBSL members who have completed first loan cycle

Loan amount: up to NRs 200,000 (including normal, disciple, consumer and other loans)

Repayment period: up to 36 months with up to 18% interest rate.