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Awareness on micro finance
Correspondent TUENSANG, jun 7 (npn):
Published on 8 Jun. 2010 1:09 AM IST
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Awareness programme on micro finance of NGO’s and SHG organized by Holistic Child Development Society Tuensang and sponsored by Nagaland State Social Welfare Board Kohima Nagaland was held on Friday at NGO’s meeting hall Tuensang, with CDPO Sangsangyu, Chotsase Sangtam as resource person.
Addressing the gathering on the topic, women and micro finance of SHG and role of NGO’s, Chotsase said due to non availability of government banking and private banking system at Tuensang, the NGO’s and SHG face problem for micro finance for their business purposes.
He also said NGO’s must be a non- profit making society and perform their duties well. He also said the role of NGO’s was to strengthen and coordinate their working system at the grass root level for development service of the public sector.
Highlighting the introduction of Holistic society, Chotsase said society has to work hard and bring about positive changes especially among the women in Tuensang district with regard to developmental activities like women micro finance and also Self Help Group for the village developmental amongst the rural poor women.
Chotsase further encouraged Self Help Group members to work with accountability and transparency.
The resources person also said microfinance was purely a business with the help of NGO’s as its infrastructure adding that motto of microfinance was to eliminate money vendors who are charging exorbitant rates.
The participants also lauded the organizer for promoting jobs to poor women and hoped many such developmental activities would be brought in the near future.

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