The Nagaland State Co-operative Bank Ltd organized program on SHG credit linkage at Kiphire on 17th August 2011. The program was organized to mould the rural people of Kiphire District toward Banking fold and to acquire for credit worthiness to avail credit facilities available with the Bank.
The program was attended by 135 SHGs from various villages which was chaired by Smti Washisola, TM, Micro Finance Cell of NSCB, Rev S I Meren, KTABC pronounced invocation prayer while Shri L Tsanio Sangtam, BoD, NSCB, Kiphire exhorted the participant to co-operate with the Bank by utilizing the loan judiciously and re-pay loan in time so that recycling of loan can continue smoothly.
Shri V K Disong Nodal Officer(MFC), was the resource person, where he shared his expirence on proper implementation of micro finance program by utilizing their own capital through inter lending among the members with minimum interest and make themselves mature to avail Bank loan so that their socio economic condition can be improved.
The SHG members express their gratitude to the bank for the concern shown by the NSCB for the people of Kiphire District by organizing such program.
The program was summed up by Smti Nozomeno, TM(MFC) and words of gratitude was pronounced by Shri Rongsenba Alem, BM, NSCB, Kiphire.