The State Government has provided loans worth nearly Rs60.9 cr to more than 30,700 self help groups (SHGs) under Chhattisgarh Mahila Kosh during the last 13 years, officials informed.
Notably, the Chhattisgarh Mahila Kosh was constituted in February 2002 for financial support and overall empowerment of women, especially the women self-help groups.
On August 15, 2003, loan scheme was commenced under Chhattisgarh Mahila Kosh for women self-help groups. Initially such groups were provided loan of upto Rs5000.
From year 2013-14, women self-help groups are being provided loans of upto Rs50,000 for the first time at nominal interest rate of 3 per cent (recovery in 36 installments). Recovery of loan commences after three months of loan sanction.