Microfinance Process
How It Works

Seamless
Process.

From group formation to capital disbursement—our process is designed to be transparent, supportive, and empowering.

Criteria for Enrollment

Who Can
Join Us?

Bangladeshi citizen aged between 18 and 60 years

Permanent resident of VERC branch operational catchment area

Active member of an accredited VERC Village Development Organization (Somiti)

Engaged in viable income-generating trade, agriculture, livestock, or micro-enterprise

Free from active non-performing debt with formal financial regulators

Our Commitment to
Ethical Lending.

We strictly adhere to the Microcredit Regulatory Authority (MRA) guidelines and ensure that no member is burdened with more debt than they can sustainably manage.

Read Our Fair Lending Policy

Step-by-Step

Your Path to
Growth.

01

Community Survey & Group Formation

Our field officers visit target villages and slums to meet potential borrowers, explain microfinance rules, and assist in forming a 15-25 member solidarity group (Somiti).

Typical Duration:3 - 5 Days
02

Financial Literacy & Orientation

Group members undergo interactive training covering budget planning, savings discipline, enterprise development, and loan repayment terms.

Typical Duration:2 - 3 Days
03

Application & Peer Verification

Borrowers submit simple one-page loan proposals detailing their micro-enterprise or household need, endorsed and guaranteed by peer group members.

Typical Duration:24 - 48 Hours
04

Approval & Fund Disbursement

Following swift branch manager assessment, loan funds are disbursed directly in cash at the branch or through secure mobile financial services (bKash/Nagad).

Typical Duration:Same Day

Have Questions?

We are here to
Support You.

Need more information about our process or specific loan products? Our team is available at every branch office to guide you.

Transparency

No hidden costs or complex documentation.

Support

Dedicated field officers for every group.