Sunday, October 9, 2011

Delhi State Government Launched Micro Finance Project for Women

Delhi state government on 8 October 2011 launched a micro-finance project for women. The project aims at providing financial support to over one-lakh vulnerable women in the capital. The project will be implemented by the Samajik Suvidha Sangam(SSS) in collaboration with Delhi chapter of SEWA. SSS is a Delhi government entity set up to provide various services to the poor.

Under this project, loans will be given to women at a nominal interest rate of 1.5 percent. The women from economically-weak sections will be given access to funds and other financial services through a cooperative society called Mahila Sewa Urban Cooperative thrift and credit society limited.

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