MLA distributes interest-free loan to weavers
Source: Chronicle News Service
Imphal, June 10 2022:
Langthabal MLA Karam Shyam distributed interest-free loan amounting Rs 10,000 each to 100 weavers of Langthabal assembly constituency.
The loan amount was distributed during a function organised by Langthabal Kendra Youth Development Council at Lilong Chajing Mairenkhong community hall on Friday.
Addressing loanees at the function, Karam Shyam said that two weavers each from all the polling stations of Langthabal AC have been selected and provided interest-free loan for the first phase.
Informing that other weavers of the constituency would be covered in due course of time, he also appealed to the weavers who received the loan amount on Friday to have the habit of repaying loan so that the recovered amount could benefit the weavers who are yet to avail the assistance.
The loan amount may be small but it could give a Way for poor families to enhance their economy if utilised wisely, he said, adding that a society cannot develop when there is no economic activities in every household.