Charity loans to promote self help groups in Bangalore
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Swashraya'Online Self Help GroupRaksha and Suraksha Plans1. There are two plans under Swashraya Online Self Help Group: Raksha plan and Suraksha plan. The Membership fee for Raksha plan is Rs. 500 and Suraksha plan is Rs. 1000.2. An individual can take only one membership in each plan.3. Swashraya Online Self Help Group Membership fee is payable as DD or by bank transfer.4. Incase of bank Transfer the payee should have to instruct the cashier to enter his/her name online. After the payment the counter file, the sender’s name, User name, User ID and the time and date of transfer have to be e-mailed to us. The membership code will be issued for registration after receiving the membership registration fee.5. Every member has to form his/ her peer group with five members in every loan stage to receive charity loan or instant charity loan.6. After the formation of your peer group you will be eligible for an instant charity loan of Rs. 1250 under Raksha and Rs. 2500 under Suraksha plans respectively.7. When you take an instant charity loan your loan stages will be terminated and you can’t go for other charity loan stages.8. After the formation of your primary peer group you will be placed in a queue in the first loan stage. This procedure will be applicable in every loan stage.9. There are four stages of charity loans each in Swashraya Raksha and Suraksha plans.10. Your loan status will be displayed on the ‘charity loan details’ tab of your member page.11. The group leader has to send a loan application with charity loan number which is available on your member page.12. The loan will be sanctioned by the Trust in a computer prospect sequence depending on the ratio and fund.13. Your leverage is always important in ‘Swashraya’ online self help group computer prospect sequence.14. A group leader will be upgraded to the next stage after the sanction of the charity loan in every stage.
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