Access to financial services should not be limited by circumstances. Yet, for many people, accessing formal financial services can still involve lengthy processes, paperwork, physical visits, and other practical challenges.
For Persons with Disabilities (PWDs), these barriers can make accessing financial support even more difficult.
Recognizing the need for more accessible financial services, eSewa introduces ‘स्वावलम्बन कर्जा’, a dedicated digital lending solution designed specifically for eligible Persons with Disabilities, available directly through eSewa.
This initiative marks another step in eSewa’s journey beyond payments, using digital technology to make financial services more accessible, convenient, and inclusive.
A Journey Towards Inclusive Financial Access
Since its early days, eSewa has been part of Nepal’s transition towards digital financial services. What began with digital payments has continued to expand into a broader financial ecosystem, with services spanning lending, investment, insurance, remittance, and personal finance.
eSewa’s journey into digital lending began with easyloan, making eSewa the first digital wallet in Nepal to provide loans through its platform. The service was introduced to simplify access to credit for eligible eSewa agents through the app.
With स्वावलम्बन कर्जा, this journey takes another step towards creating more inclusive digital financial access.
What is स्वावलम्बन कर्जा?
स्वावलम्बन कर्जा is a digital loan facility designed specifically for eligible Persons with Disabilities.
The idea is simple: make access to credit more convenient by bringing the loan application process directly to the digital wallet.
Eligible users can apply through eSewa, without having to begin their application through an entirely physical process.
For individuals who may experience accessibility or mobility-related challenges when accessing conventional financial services, having a digital option can help reduce some of these practical hurdles.
Through स्वावलम्बन कर्जा, eSewa is working towards a financial experience that is not only digital, but also more inclusive.
Who Can Apply for स्वावलम्बन कर्जा?
To be eligible for स्वावलम्बन कर्जा, users need to meet the following criteria:
- Be KYC verified on eSewa
- Hold a valid disability card issued by the Government of Nepal
- Have been an eSewa user for at least 6 months
- Have a regular source of income through salary or business
- Maintain active usage of eSewa
Meeting the eligibility criteria does not automatically guarantee loan approval. Applications remain subject to the applicable lending assessment, terms, and conditions.
How to Apply for the Loan?
Applying for स्वावलम्बन कर्जा is simple through eSewa:
- Log in to eSewa app.
- Click on the 'स्वावलम्बन कर्जा' banner displayed on homepage.
- Follow the instructions and complete the application.
By bringing the application process into the app, eSewa aims to make accessing financial support simpler and more convenient for eligible users.
स्वावलम्बन कर्जा: Loan Details
|
Particular |
Details |
|
Minimum Loan Amount |
Rs. 10,000 |
|
Maximum Loan Amount |
Rs. 2,00,000 |
|
Interest Rate |
9.99% per annum |
|
Processing Fee |
0.75% |
|
Late Payment Fee |
Rs. 500 |
Applicable terms and conditions apply.
More Than a Loan
स्वावलम्बन कर्जा is more than an addition to eSewa’s lending portfolio. It reflects a broader idea: financial services should continue to evolve with the needs of the people using them.
For Persons with Disabilities, having a digital lending option available through a familiar platform can help make the borrowing process more convenient and accessible. It is one step towards reducing practical barriers and creating greater opportunities to participate in the formal financial ecosystem.
A Step Forward for “सबै. सधैं. सँगै.”
eSewa’s brand promise, “सबै. सधैं. सँगै.”, is rooted in the idea of moving forward together.
स्वावलम्बन कर्जा brings that thought into the financial services space by creating a dedicated lending solution with Persons with Disabilities in mind.
As eSewa continues to expand beyond payments, initiatives like स्वावलम्बन कर्जा represent a continued effort to build a more inclusive digital financial ecosystem; one where technology can help make financial services more accessible to more people.
Because financial inclusion is not just about making services available; it is also about making them more accessible to those who need them.
