A free app for Android, by Vizzve Microseva Foundation.
The Vizzve Microseva Foundation provides micro-loans to the low-income consumers and the self-employed, who are not able to obtain credit from conventional banks. These clients typically have low credit scores and limited income, which make it difficult for them to obtain loans from conventional banks.
The objective of the Vizzve Microseva Foundation is to assist the poor to get out of poverty. To achieve this, we provide them with financial services such as credit, cash, and money.
The micro-loans that we provide are typically between Rs 10,000 and Rs 50,000. The loan terms are between 6 and 24 months. The interest rates are between 6% and 30% per annum, and the processing fees range from Rs 150 to Rs 500.
