The Product is expected to help create employment opportunities, create access to finance for individual or group of small farmers especially in rural and semi-urban areas. The product will be targeted to individual farmers or group of farmers for Livestock farming, Agriculture, commercial farming etc.
All Nepalese Citizens (individuals only).
The Applicant must be at least 21 years of age (as per citizenship certificate) at the time of submission of loan application.
Loan must be terminable before the applicant reaches the age of 65 years (for individual borrower’s only).
Borrower must be literate, that is, able to write and record her business activities.
Loan can be approved in joint names (borrower) also. At least one of the borrowers must meet the above criteria in case of joint borrowers. Only members of an undivided family can be joint borrowers.
Total limit to the members of one house family shall not exceed the maximum limit as prescribed above.