SOCIOECONOMIC
BENFA SOCIO-ECONOMIC SUPPORT PROGRAM (BSSP)
- BENFA MICRO CREDIT SCHEME
- COVID VICTIM WIDOWS SUPPORT PROGRAM
BENFA MICRO CREDIT SCHEME (BMCS)
Introduction
BENFA Microcredit Scheme is a type of INTEREST-FREE financial service provided to people with small businesses in order to save them from INTEREST.
BENFA Microcredit Scheme is a valuable and novel tool for development and poverty alleviation.
BENFA Microcredit Scheme allows people to take small responsible Interest-free micro-loans safely. And in a manner that is consistent with ethical lending practices.
This Scheme comes under the Socio-economic Empowerment objective of
BENFA Charitable Trust.
Aims and Goals of BMCS
- To Empower the people from marginalized parts of the society leading to stability and prosperity of their families.
- To save poor people from the harmful vicious cycle of interest.
- To avoid child labor & promote the education of their children.
- BENFA Microcredit Scheme is an attempt to lift people from the curses of poverty, unemployment, and hunger.
Beneficiaries of BMCS
Both Men & Women irrespective of caste, creed, race, religion, or language are allowed to avail of this scheme. Preference is given to Women with small (Petty) Businesses & from the Marginalized parts of the society who lack access to Conventional Banking or related services.
Schemes of BMCS
There are two schemes as follows
- Five Thousand Rupees Scheme
- Ten Thousand Rupees Scheme
Repayment of BMCS
Weekly Easy Installment 250 INR Per Week For 20 Week
ADVANTAGES OF BENFA MICROCREDIT SCHEME
- Absolutely No Interest.
- Absolutely No Service Charges.
- Absolutely No Additional Charges.
- Both Men & Women Can Avail This Scheme.
BENFA Believes that to bring positive change in someone`s life no need to provide big things Even little & small support can also change lives positively.
Support
With enthusiastic employees and volunteers, we are ready to support you no matter any time.