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.

The People Say

Testimonials

LENDER & PARTNER

Report as on 30th APR 2022

26

Number Of Branches

31,661

Active Borrowers

78

Portfolio Outstanding ( Cr )

93

Repayment Rate

Report of Skill Development as on 30th APR 2022

22

Number Of Branches

11476

Total Students

35

Number of Courses