Lamkhil Micro Finance office inaugurated in Moreh

LMF provides an easy way of getting a loan at 4 percent rate of interest per month.

An office of Lamkhil Micro Finance, run and managed by a group of social workers, was opened at Moreh Bazar Ward No VIII on Saturday. The inaugural programme was attended by SDO Moreh I Dinesh Kumar as the officiating guest. Members of the management committee also attended the programme.

As a special guest of the programme, member ADC Chandel Pu Lamboi Gangte said that LMF which was established by a group of like-minded social workers, has been giving micro finance to local businessmen since April 20 2019.

The main objective of the organisation is to grow together, and give jobs, earnings and establish business sectors to the local youths and small businessmen. LMF provides an easy way of getting a loan at 4 percent rate of interest per month.

Dinesh Kumar said that the organisers of LMF have the aim to uplift the struggling business men by funding small amounts of loans.

First Published:Sept. 13, 2020, 8:49 a.m.