Microfinance Program

The Goal of the program is to alleviate poverty and empower the poor. Micro-finance is a tool in the fight against poverty. It enables small entrepreneurs, who are excluded from the classic banking system, to get a loan for the obtain traditional development of their business.  Its impact is two-fold, i.e, increased stable income, reduced vulnerability to external shocks, progression from the informal economy to the formal economy, improved living conditions, improved education, and health care. The Microcredit Program is the core program of the organization. It is based on an integrated development approach designed to address the needs of the target groups, giving emphasis on underprivileged folks, including hardcore poor women and asset-less people of rural and urban areas. During the reporting period of 2024-2025 credit program of SEHEO attempted to attain the following broad goals.

Objectives:
To make credit available to the poor and helpless people who do not have access to existing (formal) credit facilities. Help create self-employment and sustainable income for the poor. Mobilize savings for the poor. Reduce dependency on moneylenders. SEHEO has been operating the Microcredit Program with its own and external funds since its inception.  Credit support was given to the beneficiaries in the sectors such as agriculture, flower cultivation, poultry & livestock, dairy, beef fattening, fisheries, and handicrafts. SEHEO provides four types of credit to its clients, i.e, Rural Micro-credit, SME loan & Women entrepreneurs, Housing loan, and special loan for agriculture. Apart from it also provides seasonal loans.