Phek, April 14 (MExN): The Micro Credit of Nagaland State Cooperative Bank (NStCB) Ltd was launched by Kekhwengulo Lea, Vice Chairman, NStCB Ltd on April 13 at Meluri.
The NStCB Ltd has sanctioned an amount of one crore towards Social Welfare Society for Rural Development (SOWSORD) for onward lending to JLGs and SHGs such as farmers, small businesses, etc. The launching programme was chaired by Rev. Arhuchu, Chairman, Sowsord, Wezihu and welcome Address was delivered by Rev Rumatho Nyusou and assured the Bank best cooperation.
R Lipoktoba Aier, General Manager (Admn), NStCB Ltd in his keynote address spoke about how NStCB plays a vital role in helping the people of Nagaland to the remotest area where no other financial institution reaches.
Kekhwengulo Lea, VC, NStCB Ltd in his speech advised the people to make use to the loan in an appropriate manner and repay the same on time avail bigger loan to increase production. V K Disong, Manager FIC, NStCB Ltd spoke about produce marketing and pricing in an organized manner by maintaining the product quality.
S Kahoto Zhimo, Field Officer, NSCB Ltd, Phek Branch assured all possible help for development. Thuchu Pfithu, Director, SOWSORD, thank the Bank for having concern for the rural poor and making all its effort to reach the remotest area.
