KSWDC keeps lending, helps women defeat pandemic blues
The Hindu
Women aged between 18 and 55 years from Ernakulam, Alapuzha, Thrissur, Kottayam, and Idukki benefitted from the various loans being sanctioned by KSWDC for income-generating projects.
Notwithstanding the disruptions in repayments owing to the pandemic, the Kerala State Women's Development Corporation (KSWDC) has distributed ₹43 crore across five districts during the previous fiscal.
Women aged between 18 and 55 years from Ernakulam, Alapuzha, Thrissur, Kottayam, and Idukki benefitted from the various loans being sanctioned by KSWDC for income-generating projects.
"While the disruptions in repayment remains a challenge for a semi-banking institution like us, we have adopted a policy in favour of lending as part of pumping funds into the society to cushion the blow dealt by the pandemic. Except for Idukki where huge dues have piled up, we keep on lending under various schemes," said Rangan M. R., regional manager, KSWDC, Ernakulam.
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