The program is very simple. The 15-20 team leaders in India are responsible for recommending borrowers that are both able and willing to pay back the loan.
The borrower receives 10,000rs and the total repayment over 10 month loan period is 10,500rs including all cost to the borrower – this equals 5% fee on the initial nominal amount lent, which cover the cost of the program (e.g. Bank cost, stationary, postal fees) and potential credit losses.
SUNNA is strictly non-profit and all donations and repayments received go towards funding new loans.