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Micro Enterprises Loan-Collateral Individual

A collateral-backed individual loan for micro entrepreneurs to grow their business.

Enterprise Loan
13.88% p.a.
Up to 5 years
Up to Rs. 7,00,000
Overview
A collateral-backed individual loan for micro entrepreneurs to grow their business.

Offered at a competitive interest rate of 13.88% per annum, the Micro Enterprises Loan-Collateral Individual is designed to give members of Mero Microfinance Bittiya Sanstha Limited timely access to credit through a simple, transparent process backed by our branch network.
Key Features
  • Interest rate of 13.88% per annum
  • Loan amount up to Rs. 7,00,000
  • Repayment tenure of Up to 5 years
  • Minimal documentation and quick processing
Eligibility
  • Nepali citizen aged 18 years or above
  • Existing or new member of Mero Microfinance Bittiya Sanstha Limited
  • Must demonstrate a regular income source or a viable business/income-generating plan
  • Should meet the group/center saving and attendance requirements, where applicable
Documents Required
  • Copy of citizenship certificate
  • Two recent passport-size photographs
  • Proof of income, business registration or land ownership, as applicable
  • Collateral documents, where the loan requires security
  • Recommendation letter from the group/center, for group-based loans

Quick Information

Category Enterprise Loan
Interest Rate 13.88%
Max Loan Amount Rs. 7,00,000
Tenure Up to 5 years
Apply Now

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