With the support of NABARD and NSLRM the Nagaland state co-op bank organized a financial literacy camp. Last week the bank organized Financial Literacy Consultancy & Credit Camp at Akhoya Village.
There were 70 members who attended the camp. The camp was organized to aware the people regarding the banking facilities provided by the bank. People from the nearby areas also attended the camp. The camp highlighted on the different services offered by the bank and how the people can use and utilize them.
The camp was organized to ensure that maximum of the people can be made aware, regarding banking mechanism and it was also advised to to devise an internal mechanism to guarantee that villagers repay their loans in the given time.