Women Murabaha Group Agreement:
Product Features:
Target group: Business women.
Financing size: AFN- 10,000 – 70,000
Duration: 6 – 18 Months
Group Size: 2 – 10 Members
Profit Rate: 1.75%
About the product:
Women Murabaha Group Agreement is used to finance in income generating activities by women ranging from AFN 10,000 to AFN 70,000 in multiple cycles to increase Income generation and asset creation for her and support family business.
OXUS Afghanistan’s group financing methodology is an of the worldwide Solidarity Group Financing methodology. This model helps poor communities to establish their own financing groups, through which individual entrepreneurs can obtain working capital financing s without collateral. The model is designed to reach the poorest of the working poor. The methodology relies on solidarity group guarantees, peer pressure, and peer support as the principal security against financings.
Purpose:
- Business expansion, Income generating activities and creating asset.