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Sulochana Kumaran

Flour mill | Vadakkanchery, Kerala

Loan status: Repaid

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Loan Details

Amount 7,500
Status 100 % Repaid
Repayment Mode Weekly
No.of Installment 50
Est. Disbursal date 28 Feb 2011
Est. First Repayment date 28 Mar 2011
Interest Rate Charged 8.5% flat p.a

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Impact Partner


Hope Foundation

Districts : Palakkad

State : Kerala

Hope foundation is registered as a non-governmental organization under the Indian Trust Act, 1882 and is actively involved in the economic empowerment of rural and urban areas of India. The organization has assisted more than 1000 Self help groups and supported them with access to microfinance, micro savings and micro insurance.

Hope foundation works in Palakkad, Thrissur, Pathanamthitta, Calicut, Idukki and Thiruvanantpuram districts in Kerala. Their head office is based in Palakkad and Rang De loans are given to women entrepreneurs from Self help groups in the region. Even though Kerala boasts of a high literacy rate, access to finance is still dismal in the area.