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Sunday, December 14, 2025
Nagaland NewsThe Entrepreneurs Associates disburses loans in Mokokchung

The Entrepreneurs Associates disburses loans in Mokokchung

Correspondent

The Entrepreneurs Associates today (tEA) held a program for disbursement of Zero Interest Loans at their office premises here at Mokokchung.
The project is implemented by tEA in partnership with Capri Global Capital Limited (CGCL) where loans were being provided to women street vendors. During the program today, a total of 15 women beneficiaries received Rs. 10,000 each with 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 labour saying that there is no shame in working. She asserted that the locals should take up entrepreneurship to the next level.
She stated that trust building plays an important aspect in all spheres and added that there is blessing when one is trusted. She further lamented that Naga society as a whole lacks in the principle of saving, adding that it is not important how you spend, but it is important how you save.
She called upon the gathering to differentiate between wants and needs and encouraged the 15 beneficiaries 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 said the program of extending assistance to women street vendors is the fourth one in Mokokchung since its inception in 2017. She further informed interested women entrepreneurs to avail the said loan (interest free) from tEA.

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