Gangtok: In order to encourage people, mainly youngsters to go in for entering into entrepreneurship by starting up their own business and to generate employment for others, NEDFI organized Business cum Entrepreneurs Meet at its Branches [Namchi and Gangtok].

The meet was attended by 30 potential and existing entrepreneurs from Namchi & Jorethang Town. During the meet, the participants were informed and deliberated upon the various loan schemes of NEDFi highlighting its low-interest rate. They were also 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 & expanding their existing businesses of homestays, trading activities, and agri-allied activities, restaurants, etc, and were resolved by the officials.

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. This was followed by an interactive session by the Branch Manager with the participants on various loan-related queries like securities, eligibility for loans, documents required, etc. To encourage the prospective clients, cheques were issued to four existing units as part of their disbursement.