 |
|
 |
|
|
|
|
|
|
|
|
|
|
 |
 |
|
|
|
|
|
|
|
|
 |
 |
|
|
 |
|
|
 |
|
 |
|
| |
|
|
|
Institutional Credit for Agriculture
|
ASA’s micro credit programme is predominantly spread amongst the rural tribal in Madhya Pradesh. It is a mandate of ASA to work in the interior rural pockets for micro credit where financial services are extremely poor. To achieve convergence and sustainable livelihood for the cliental the Micro credit programme is taken up in those areas where ASA’s other livelihood programmes are going on.
|
| Micro Insurance |
Micro Insurance is a term used to refer to insurance characterized by low premium and low caps or low coverage limits, sold as part of a typical risk-pooling and marketing arrangements, and designed to service low-income people and businesses not served by typical social or commercial insurance schemes.
ASA practices it with its micro credit clientele. It is used as a typical risk mitigation tool for the borrower because in case of eventuality, repayment of loan is always at jeopardy. ASA micro insurance is a very low premium group insurance product, procured from Life Insurance Corporation of India. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|