Products

Microfinance is an effective tool which can help to reduce poverty and spread economic opportunity by giving poor people access to financial services, such as credit and small loans. Vedaapta Microfinance distributes financial services to the poor people of the society so that they can start or expand their small businesses and increase their incomes for a better life.
At Vedaapta Micro, we offer need based products and services to our customers. Since the clients are from the economically weaker sections of the society, so, we facilitate almost collateral free micro credit to our customers.


  • The products are simple and designed to facilitate the transactions in synchronization with the operational model. The main thrust is on providing access to institutional credit for the poor families and scope for entrepreneurial activities. Though, the loans are utilized for 234 different types of income generating activities, a broad break-up is as below:
  • Agriculture
  • Allied Agricultural Activities like Dairy, Sheep-rearing.
  • Allied Agricultural Activities like Dairy, Sheep-rearing.
  • Retail Trade like vegetable vending, grocery, fruit vending.
  • Self-employment ventures like cycle shop, watch repair
  • Village & Cottage industries like carpentry, pottery, leather-goods.

Our Loan Products

Micro Business Loan
Name Of Product Bharosa Jeevan Prasar
Loan Amount Rs.5000, Rs.10,000, Rs.15,000, Rs.20000.Rs.25000 Rs. 30,000, Rs. 35,000, Rs. 40,000, Rs. 45000, Rs.50000
Tenure/Term
Daily 80 Days 100 Days 145 Days
Weekly
Fortnightly
Monthly
LPF 1% + GST 1% + GST 1% + GST 1% + GST
Insurance(Standard Rate) 2.5% 2.5% 2.5% 2.5%
Joint Liability Loans
Name Of Product Asha Jyoti Samridhi
Loan Amount Rs.10,000,Rs.15,000, Rs.20000. Rs. 25,000, Rs. 30,000, Rs. 35,000 Rs. 40,000, Rs. 45000, Rs.50000
Tenure/Term
Weekly 24 weeks 30 weeks 40 weeks
Fortnightly
Monthly
LPF 1% + GST 1% + GST 1% + GST
Insurance(Standard Rate) 2.5% 2.5% 2.5%
Consumer Durable Loan
Name Of Product CDL
Loan Amount Rs.2000 - Rs.40000
Tenure/Term 3 month , 6month, 9month, 12month
Repayment Mode Weekly
Fortnightly
Monthly
LPF 2.5%
Insurance(Standard Rate) 1.5%