TODAY -
NEDFi to promote local entrepreneurs
Source: Hueiyen News Service
Imphal, October 12 2012:
North Eastern Development Financial Corporation Limited (NEDFi) all set to promote first generation local entrepreneurs.
Accordingly, the Corporation has reduced interest rates for all units with projects up to Rs.50 lakh to 8% p.a to encourage first generation local entrepreneurs to set up their own enterprises.
The Corporation has also identified various un-served and under-served areas including Ukhrul, Chandel, Senapati , Tamenglong and Churachandpur districts in Manipur to provide funds under its 'Micro Finance Funds' at an interest of 8%, said a release by NEDFi.
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