JLG scheme is to augment the flow of credit to especially small farmers, serve as collateral substitute for loans, built mutual trust and confidence between Bank and target group
Chedema, May 13 (MExN): An awareness programme on Joint Liability Group (JLG) was organised by National Bank for Agriculture and Rural Development (NABARD), Nagaland Regional Office and National Rural Bank (NRB) in collaboration with Nagaland State Social Welfare Board (NSSWB) and State Resource Centre for Women (SRCW) at Chedema Village on May 12 at the village council, Chedema.
he programme was chaired by Chothalii Phesao, Women Helpline Team, SRCW. VizoKere, Branch Manager, Nagaland State Co-operative Bank gave the introduction on Joint Liability Group as an effective credit product for small farmers, marginal farmers, tenant farmers, share croppers and oral lessees for which NABARD has launched the Scheme. The objective of the Scheme is to augment the flow of credit to especially small farmers, serve as collateral substitute for loans, built mutual trust and confidence between Bank and target group. General features of JLGs is as an informal group comprising of 4-10 members coming together for the purpose of availing loan as individual or through group mechanism against mutual guarantee. Members would offer a joint undertaking to the bank that enables them to avail loans.
Bendang Aier, Assistant General Manager, NABARD addressed on the difference between Self Help Group and Joint Liability Group. SHG as the name indicates works on the principle of self-help while JLGs objective is for income generating economic activities i.e. farmers as well as small business. He discussed on the difficulties of availing loans from Banks in Nagaland. He said NSSWB will act as an agent to monitor the activities of the target group and recommend JLGs to Banks.
Lhuvileno Punyii, Assistant Manager, Rural Bank, Kohima introduced her Bank and that it was working hand in hand with NABARD. Under Nari Ki Chaupal, R. Juliana Medom, Asst. State Coordinator, SRCW further encouraged the villagers to clear their doubts regarding JLGs and mediated between the villagers and the Banks present.
Visekolie Khate,Women Helpline Team, SRCW gave the introduction to Women Helpline-181, for which State Resource Centre for Women has been appointed as the Nodal Agency. The Women Helpline with toll free no:-181 has two priorities: it targets any women or girl facing violence within public or private spheres of life and seeking information about women related schemes or programmes.
