Credit Service Program

Financed By: Pally Karma Sahayak Foundation (PKSF)

ICDA Is A Micro Finance Institution Engaged To Serve The Community People. The Main Goal Of The Organization Is To Develop The Socio Economic Condition Of The Rural People Income Generating Activities (IGA). The Mission Of The Organization Is To Get Them Free From Curse Of Poverty.

There Are 07 Components Of The Credit Service Program In The Organization

1. JAGORON:

Initially, The Beneficiaries May Get This Kind Of Credit Support. In Fact, This Kind Of Credit Support Is Being Provided To Start A New Trade Venture Or To Increase Cash Capital. The Interest Rate Of The Component Is 12.50 %. The Approval Of Micro Enterprise Loan Support Depends On Proper Utilization Of JAGORON Scheme. The Timeline Of The Scheme Is 01 Year Which Would Be Recoverable By Weekly Installments.

2. MFTSP:

In Fact, MFTSP Scheme Has Been Distributed To Implement IGA Related To Livestock. The Beneficiaries Are Being Provided Technical Training & Strategic Plan With The Generous Support Of PKSF. The Interest Rate Of The Component Is 12.50 %. The Timeline Of The Scheme Is 01 Year Which Would Be Recoverable By Weekly Installments.

3. AGROSOR:

This Component Is Being Operated In The Working To Expand The Micro Entrepreneur Which Is Involved With Production Or Trade Based Business. It Plays A Vital Role To Rural Based Micro Entrepreneurs To Develop Their Small & Medium Enterprises & To Create Employment Opportunity. The Interest Rate Of The Component Is 12.50 %. The Timeline Of The Scheme Is 01 Year Which Would Be Recoverable By Weekly & Monthly Installments.

4. LRP:

LRP Loan Support Is Provided To Face Any Kind Of Disaster. The Interest Rate Of The Component Is 04 %. The Timeline Of The Scheme Is 01 Year.

5. SAHOS:

SAHOS Loan Component Is Distributed To The SIDR Affected People To Construct Their Houses For No Interest. The Timeline Of The Scheme Is 03 Years. First 06 Months Are Grace Period. After That The Loan Would Be Recoverable By Monthly Installments Within 30 Months.

6. RESCUE:

RESCUE Component Is Being Provided To The SIDR Affected Area To Start Income Generation Activities & To Create Employment Opportunity. The Interest Rate Of The Component Is 04 %. The Timeline Of The Scheme Is 01 Year & 03 Years Which Would Be Recoverable By Weekly & Monthly Installments.

7. EFRRAP:

A) Disaster Preparedness .
B) Post Disaster Rehabilitation Program.
C) To Establish The Life Standard Of Rural People.
The Interest Rate Of The Component Is 04 %. The Timeline Of The Scheme Is 01 Year Which Would Be Recoverable By Weekly Installments.