Alternative Energy
The majority of rural areas of Pakistan do not have access to national grid system. Incase who have the access to electricity from the grid system face frequent interruption and long hours of load shedding.
Whereas, on the other hand we have, in Pakistan ten long hour availability of sunlight. The households in the rural/urban areas who face or do not have access to electricity may opt for alternate energy source. They can afford to meet the energy requirement through solar energy. The solar energy shall be contributing in household chore activities as well as economical activates impacting the wellbeing of their families.
Thardeep Microfinance Foundation offers loan to rural as well as urban clients to shift their energy needs to solar source of electricity where by TMF assures safe, reliable and affordable prices from approved venders/suppliers by the World Bank and Government of Pakistan. The product ranges from:
- Home-based Solar System
- Running enterprise,
- Extracting water for agriculture
- For Safe Drinking Water
| Loan Eligibility |
|
| Lending Methodology | Individual |
| Loan Amount | Minimum Loan Amount: 30000 Maximum Loan Amount: 500000 |
| Loan Duration | Minimum: 12 months Maximum: 24 Months |
| Repayment Frequency | Monthly/Quarterly/Six Monthly/ Lumpsum |
| Collateral/Tangible Guarantee | Up to Loan amount of Rs. 100,000 Requirement of Guarantor Non-Family Member Bank cheques and statement as per loan policy and procedure Guarantor must be a Government employee or Market shop keeper |
| Disbursement and Recovery | Bio metric disbursement in 1 to 3 days after the appraisal Easy repayment through ADCS channel and Mobile account |
| Insurance | Client Life covered as per loan Amount |