Kohima, Janaury 28 (MExN): The members of Phenwhenyu Farmers’ Club were sensitised about Joint Liability Groups (JLGs) during an awareness programme conducted in Phenwhenyu village of Tseminyu block on January 26. The programme was conducted by National Bank for Agriculture and Rural Development (NABARD).
A press note from NABARD Assistant General Manager Bendang Aier informed that the Farmers’ Club decided to promote activity based JLGs from amongst their members with an objective facilitate them to take up Income Generating Activities (IGAs) by availing loan from financial institutions without collateral but purely on the strength of peer partnership.
This will thereby create a win-win situation for all stakeholders including banks who will be able to tap a good loan portfolio through the group liability mechanism, it added.
The Farmers’ Club and their JLGs will receive suitable support from Krishi Vigyan Kendra (KVK) Kohima, Development Wing of CRBC (Council of Rengma Baptist Churches), banks and NABARD in their endeavour.
According to NABARD, rearing of poultry birds through SHGs (Self Help Groups) has already been popularised in the village through intervention and support from KVK Kohima and NABARD respectively.
As of December 31, a total of twenty three (23) JLGs have already received credit amounting to Rs. 32.50 lakh from banks under Kohima district for undertaking various IGAs, it added.
The awareness programme was chaired by Joshua Chen, Secretary, VDB and attended by Bendang Aier, AGM, NABARD ; Longma Yanger Pongen, KVK Kohima; Arhunlo Semp, Development Secretary; and Hyulonyu Kesen, Finance Secretary, CRBC, Zunpha. Gwanino, Senior Pastor and Anosha Tep pronounced the invocation and vote of thanks respectively.
