Wholesale Micro-Credit

First Microfinance provides wholesale micro-credit to microfinance institutions (MFIs) in Nepal. Typically, microfinance institutions in Nepal include Central Bank licensed MFIs and registered co-operatives under Department of Cooperative. Objective of wholesale loan is to provide microcredit to low income and marginalized people of Nepal.

 

Wholesale loan includes Term Loan, Working Capital Loan, Agricultural Loan and other tailor- made loans as per the needs of microfinance institutions. Wholesale loan is provided subject to utilization in productive sector which helps to create assets and income of target people. The loan size, terms and conditions and repayment mode depend on business potential and institutional capacity of microfinance institutions.