Group Loan Services

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Group Loan

At Vedanta India Microfinance Foundation, we believe in the power of community. Our Group Loan service empowers small groups of individuals—especially women and entrepreneurs—by providing collective financial support to uplift entire households and communities. Designed with flexible terms, our group loans enable you to meet diverse needs, from income-generating activities to essential expenses.

Why Choose Our Group Loans?

Our Group Loan program is trusted by thousands and designed to foster accountability and mutual growth. Whether you're starting a micro-enterprise or managing household needs, our loans are tailored to support your group’s success with minimal hassle and maximum transparency.

  • Community Empowerment – Encourages mutual support and responsibility within the group.
  • Quick Disbursal – Funds are released swiftly to meet urgent or planned needs.
  • Simple Documentation – Minimal paperwork and group-based processing.
  • Flexible Repayment – Weekly installment options for better financial planning.
  • Low Interest Rates – Affordable repayment terms for all income levels.
  • Doorstep Service – We come to your group for application and repayment ease.
  • Loan Durations
  • Key Features
  • Eligibility

We offer four flexible group loan durations tailored to meet different financial needs:

  • 30-Week Loan
    Short-term plan ideal for small business capital or personal needs.
  • 52-Week Loan
    One-year duration with manageable weekly repayments.
  • 78-Week Loan
    1.5-year plan for better financial planning and affordability.
  • 104-Week Loan
    Our longest term for maximum flexibility — repay comfortably over 2 years.
  • Group Accountability: Peer motivation and support ensure timely repayments.
  • Weekly Meetings: Regular group interactions foster responsibility and discipline.
  • No Collateral Required: Loans are approved without the need for assets.
  • Low Processing Fees: Transparent and affordable fee structure.
  • Training & Guidance: Financial literacy support for new borrowers.

We focus on inclusivity and accessibility for groups from all walks of life. Ideal for:

  • Women Self-Help Groups (SHGs)
  • Micro-business owners
  • Small vendors or shopkeepers
  • Artisans and skilled workers
  • Low-income households seeking financial support