Nagaland: 75 SHGs get 98 lakh loan from NSRLM

To extend solidarity and support to the state government on the occasion of the 75th anniversary of Indian independence, the Nagaland State Rural Livelihoods Mission (NSRLM) in collaboration with the Nagaland Gramin Bank (NRB) provided 98 lakhs loans to 75 Self Help Groups . To access the loan, each SHG member develop their Household Investment Plan (HIP) which is consolidated as Micro Credit Plan (MCP) at the SHG level. Regular handholding on building their knowledge and skills for taking up viable livelihoods is imparted to ensure that the plans are credit worthy.