Loans of Rs. 4950 each were given to 18 people in Ujariyaon. Two more loans will be given soon.
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Loans of Rs. 4950 each were given to 18 people in Ujariyaon. Two more loans will be given soon.
A loan distribution event was organised under Socialist Party (India)’s ongoing loan distribution programme for daily-wage and informal workers in Lucknow on 4 September.
Most community members are facing severe difficulties in restarting their businesses after the lockdown due to the unavailability of capital. Towards this effect, the party has decided to launch a ‘Micro-credit Program’ that offers interest-free and collateral-free loans to various community members and a ‘Food Security Program’, through which it will offer langar type services on a daily basis in a few districts across Uttar Pradesh.
SP(I) began a new initiative today. Rs. 5000 loans were given out to 10 women from Janata Nagri by Dr. Nuzhat Husain to stengthen their livelihood activities.