Microfinance Services
- STEP works mostly in urban/suburban slums. In order to provide financial accessibility STEP provides microcredit to the underdog population.
- STEP proposes to form a group of 7 to 10 women who individually get the disbursed loan amount post-approval. Each partner has her own passbook and loan agreement.
- The group leader take the responsibility of keeping the repayment and be an intermediary between STEP and the group members.
- The group members have the entire responsibility of managing the collection and providing true information regarding loan utilization, or any other necessary documents/information. Regarding the financial liability, each member has an individual responsibility.
At present, STEP provides 7 different kind of loans.















