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ITANAGAR: In a remarkable initiative, the East Kameng district mission management unit of the Arunachal State Rural Livelihoods Mission (ArSRLM) organised on Wednesday a comprehensive credit camp and loan disbursement programme for 107 registered self-help groups (SHGs) from the district. The event, which took place at Seppa, the district headquarters, saw the participation of officials, panchayat members, and representatives from various financial institutions. Under the coordination of block mission management units from Seppa, Chayangtajo, and Bameng, a cumulative loan amount exceeding Rs 1.45 crore was disbursed to the SHGs.
The funds, facilitated by APEX Bank and SBI Seppa branch, are earmarked to enhance diverse livelihood opportunities within the district, as an official communiqué informed here. The ceremonious distribution of loans was marked by the handing over of ceremonial dummy cheques, bearing the signatures of the APEX bank manager and SBI field officer. This significant event occurred in the presence of senior officers and panchayat members, underscoring the importance of financial inclusivity and empowerment at the grassroots level. Zila Parishad Member (ZPM) Doyak Singhi emphasised the innate capability of women SHGs in managing household tasks, engaging in various activities, and actively participating in group meetings and gram sabhas.
Stressing the need for accessible banking facilities in remote areas, he envisioned greater financial activity and self-reliance among women. Recognising the commendable cent per cent timely repayment rate of SHG credit linkages, Pem Chutrup Ngangmu, Apex Bank branch manager, lauded the diligent efforts of ArSRLM officers in building the capacity of self-help groups. Ngangmu pledged continuous support for the financially independent women facilitated by ArSRLM.
A field officer from SBI, Seppa Uma Sankar, highlighted the importance of financial literacy among SHGs and emphasised the timely repayment of credit loans as a crucial aspect of maintaining strong financial health. The programme concluded with insights shared by SHG mothers from Seppa and Bameng blocks, offering valuable perspectives on the transformative impact of the initiative, the communiqué added.
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