The Entrepreneurs Associates (tEA) on Thursday held a program for disbursement of Zero Interest Loans at their office premises here in Mokokchung.
The project is implemented by tEA in partnership with Capri Global Capital Limited (CGCL) where the loans were provided to women street vendors.
During the program today, a total of 15 women beneficiaries received Rs. 10,000 each as interest free loans which were handed over by Nungshichila Longchar, JE PHED, Mokokchung.
At the program, Nungshichila Longchar, JE PHED, Mokokchung gave a short speech where she dwelt on the aspects of dignity of labor saying that there is no shame in working. She asserted that the locals should take up entrepreneurship to the next level.
She further added that trust building plays an important aspect in all spheres and added that there is blessing when one is trusted. She went on to add that Naga society as a whole lacks in the principle of saving and stated “save first, not last” while adding that it is not important how you spend, but it is important how you save.
She also called upon the gathering saying that one should differentiate between wants and needs. She further encouraged the 15 beneficiaries saying that she felt proud of them and urged them to work hard with zeal and determination.
Earlier in the program, Moarenla, the zonal head of tEA Mokokchung gave a brief introduction about tEA in Mokokchung. She further stated that this kind of program of extending assistance to women street vendors is the fourth one in Mokokchung since its inception in 2017. She further informed those interested women entrepreneurs to avail the said interest free loan from tEA.