Participants discussed issues on expanding of the existing businesses of agri-allied activities

North Eastern Development Finance Corporation (NEDFi) recently organised a business-cum entrepreneurs meet at its branches in Namchi and Gangtok. The meet was attended by 30 potential and existing entrepreneurs from Namchi and Jorethang Town. During the meet, the participants were informed and deliberated upon the various loan schemes of NEDFi highlighting its low-interest rate. The attendees were briefed about the documentation aspects and loan process of NEDFi along with various initiatives undertaken by NEDFi for the development of the region. 

During the interactive session, the participants raised doubts, mainly on setting up and expanding the existing businesses of agri-allied activities, restaurants etc, and were resolved by the officials.

The event was attended by entrepreneurs based out of the East and North Districts of Sikkim. NEDFi officials explained in detail various schemes of NEDFi and the new reduced interest rate. The participants were also briefed on MOVCDNER to encourage organic produce processing units among FPO’s.