HHRD Esar micro finance program We are intended to work for the improvement/support by launching of Micro-financing & economic Empowerment (i.eQarz-e-Hasana, Murabia, Muzariba) to the business community . Qard Hasana-Financing (Interest-Free Loans) QARD HASAN is meant for consumption and social needs. It may work as a relief in emergency situations such as renovation of houses in the area of Housing, works as Liberation loan in making repayment of loans to other MFIs etc. No interest or profit is charged on these interest free loans. It is a safety net which is provided to the poor. Murabaha-Financing: MURABAHA is trade based mode of finance based on “cost plus” pricing. It may be given for Agriculture inputs like seed, fertilizer, feed & fodder and live stock as well as handicrafts & cottage industries for purchase of equipments & machines etc. Mudarba-Financing: MUDARBA is a mode of finance which HHRD uses for microenterprise development. Working capital is provided to the beneficiaries on mutually agreed/signed memorandum of understanding (MOU) envisaging ration of sharing profit. This mode may also be used in Livestock area for fatting/breeding and milking etc.
Posted on: Thu, 28 Nov 2013 13:45:40 +0000
Trending Topics
Recently Viewed Topics
© 2015