The poor with no secured source of earning or access to capital are caught up in a cycle of perpetual poverty. Through Microfinance Program WAVE provides them with capital and skills so they can start a business or become an entrepreneur.
Where to Reach
WAVE has designed its Microfinance Program with a view to support the moderate and extreme poor in both urban and rural areas climb out of poverty.The program has two specific objectives:
Providing financial and technical support to small scale income generating endeavors of the extreme poor and moderate poor people;
Bringing qualitative change in the lives of the targeted people by integrating health, education, housing, sanitation, micro-insurance services and awareness-raising activities on various social issues.
Microfinance program has been working to achieve its goals through a number of components. They include Savings, Micro-credit, Credit for extreme poor, Housing loan, WASH loan and Micro-insurance. Through financing WAVE intends to develop farming and off-farming enterprises. WAVE is also in the process of developing health and education services for its program participants.
Microcredit for Ultra Poor
Supplementary Loan Product
Disaster Management loan
Specialized Loan Product
Black Bengal Goat Rearing loan
Spices Cultivation Loan
Sheep Rearing loan