The Union Minister of State for External Affairs E. Ahammad will inaugurate the loan fair organised in Kozhikode for women by the Kerala State Women’s Development Corporation at its office here. The loan fair will begin on January 7.
Quamarunnisa Anwar, chairperson of the Corporation, said that the Corporation has been disbursing loan to around 1,000 women across the State every year and the loan fair will create awareness among women regarding the functioning of the Corporation.
“The main scheme of the corporation through the fair is to disburse loan to the women for self-employment. They can select any enterprise falling under cultivation, business or industries as per their abilities and imagination. The loan amount would vary from Rs 10,000 to Rs 1 lakh,” she said.
“Moreover, widows are being offered loans at 4 per cent and other women at 6 per cent,” Anwar said.
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