Loans - With and Without Property

A LOAN TO START A BUSINESS

Our loans fit our clients' assets and cash flow. We loan as much as Rs. 20,000 ($400) and as little as Rs. 5,000 ($10).

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ENCOURAGING FEMALE PROPERTY OWNERSHIP

Female property ownership - not wholly recognized in Maharashtra before 2004 - is key to financial inclusion.

We encourage couples to become joint owners of their property with special rebates. Read more >

JOINT LIABILITY FOR OUR POOREST CLIENTS

If a woman cannot provide collateral for her loan, four other women can act as peer guarantors. Such loans have a 100% repayment rate.

In this way, we reach our poorest community-members.

We administer five Joint Liability Groups (JLGs), which oversee group lending. Seven thousand women have joined our JLGs since 2010.

Products for Weekly Vendors

BANKING AT THE DOORSTEPS OF WEEKLY VENDORS

Many of our clients are street vendors, who make their income weekly at the market.

A brick-and-mortar bank doesn't work for these women, so we use e-cards and scanners to bring banking to them.

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Saving for the Future

SAVING ON A DIFFERENT SCHEDULE

Mann Deshi Bank requires all borrowers to open weekly or monthly savings accounts. Women can withdraw their savings twice a week, or every few months or years.

THERE WILL BE MONEY FOR COLLEGE

We provide a special saving plan to help girls save for higher education. Unlike informal piggy banks, girls' savings collect interest and remain safe from family expenditures.

PENSION FOR OLD AGE

After years of hard labor, women are unable to keep working in old age. Yet with their children living in cities or other villages, they can rely only on themselves.

See our Pension Scheme >

LIFE AND HEALTH INSURANCE EVEN IN VILLAGES

We provide life insurance for anyone between the ages of 18 and 60, for amounts up to Rs. 50,000 and with annual premiums.

Our plans last between one and fifteen years.

We are developing health insurance. Our insurance plans are supported by Kotak Mahindra.
See more about our partners >