At times all WE need to prosper is just a little trust. At Spandana, we understand the extraordinary efforts our Women Entrepreneurs put-in to ensure financial stability and security for her family. We trust in her wisdom, her dedication, her efforts, and her passion to secure a better life for her family. Our trust in her ability encourages us to create micro-loan products that are easy to understand and at the same time help fulfil her aspirations.
Our flagship product is JLG based micro-loans designed for Women Entrepreneurs. These small loans offered to Women-only borrowers through Joint Liability Groups empower them to dream of a better future. Our loans reflect the trust they need to start or expand their entrepreneurial ventures. We feel a sense of pride to have been change makers in the lives of millions of our customers through this product.
Group-based loans provided at the customers doorstep
Flexible Repayment: Weekly / Monthly with no prepayment penalty
Loan Tenure: 12 to 30 Months
Interest Rate- 25% PA (Reducing Balance Method)