Cridet Products
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Products & Services
A
larger part of the poverty is due to
ourselves, our habits and ways. We can
get rid of poverty, if we want to. I
found it quite simple as I have easy
access to funds and skills provided by
Sungi – Sungi’s beneficiary – Mr.
Mohammad Sharif of Union Council
Charakpura
Muzzafarabad.
With consumer satisfaction as
our prime objective, financial products at
Sungi are designed keeping in view the needs of
the community. At Sungi these are the
beneficiaries who devise and it is the Sungi
team that implements. Following financial
products are offered by Sungi to its
beneficiaries.
- General
Loan
- Enterprise Development
Loan
- Munafa - Flexi
Loan
- Liberation
Loan
- Micro health
Insurance
-
Micro life Insurance
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Main Features of the facilities
are:-
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Amount
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Rs. 10,000 to Rs.
100,000
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Period
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12 months to 3
years
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Processing
Fees
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NIL
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Repayment
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Monthly
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Insurance and
Services
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Included in
repayment
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Eligibility:-
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Running Business
or two
years experience of
work
Annual income
is less than the minimum
taxable
limit.
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Requirements:-
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NIC copy
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Filled application
form
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Under taking on stamp paper
provided by
group
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Two business guarantors
from inside the
group
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Electricity or gas bill
which is not more than 6
months
old
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Further
documents may be necessary
for specific
products
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