1)  The target clients/customers are the “economic active poor” petty traders, artisans, etc.

2)  Items involves are refrigerators, home appliances, motorcycles, tricycle, etc.

Features and Benefits

1)  Client must be an existing customer.

2)  Evidence or proof of repayment must be ascertained.

3)  Can be operated by EDC and Current account holders.

4)  Compulsory equity contribution of 30% of the asset/equipment’s value.

5)  Receipt of the equipment/asset will be in the name of bank/customer.

6)  Compulsory insurance of the asset.

7)  Interest charges are attractive.

8)  No hidden charges.