IMPHAL, Dec 24: In a simple function held at Ningom Thong Bazar area, Thongju, Th Bishwajit, social worker today distributed the first phase loan as sanctioned by the Manipur Rural Bank, Kongba branch, to the members of 20 Self Help Groups located at Thongju Kendra.
The loan consists of Rs 4000 for each of the 242 members of the 20 SHGs.
The loan has been sanctioned in order to help the members of the SHGs generate incomes for their families and helped them in sustaining their families. The loan has been sanctioned with a low interest. The second phase of the loan will be distributed before the end of February, 2010.
