NSRLM conducts financial literacy training for women SHG members

DIMAPUR — The Nagaland State Rural Livelihoods Mission (NSRLM) conducted a six-day training course on financial literacy for 24 women SHG members, who are engaged as financial literacy community resource persons (FLCRP), from June 21 to the 27th in Kohima.

“The SHG members (FLCRPs) shall take financial literacy training to villages to enable illiterate and semi-literates understand critical issues like management of own funds, credit and loan products for establishment of micro and small enterprises, redressal of grievances, entitlements, opportunities of investment, leading to loss in income, convergence with other government programmes etc.,” an update from NSRLM stated.

The literacy rate of the state is 8% as per report of the National Academy of RUDSETI (NAR) Bangalore, it stated.

It stated that the FLCRP would use an application called ‘Saksham’ and operate through their mobile or smart phones. The app would capture SHG/village-wise status of savings, credit, loan from informal sources, insurance, digital finance/ BC, pension etc.

The application would also help to capture the impact of financial literacy intervention at community level. It added that based on real time data, analytical reports are made available in web portal.

The trainees also undertook a field visit-cum-exposure programme to Jakhama village and interacted with the leaders of Kedakelie VLO and Vimeyie VLO. The two VLOs are national awardees for outstanding performance in SHG movement, it stated.

The resource persons were S Kitoho Sumi (DCFI Zunheboto), Pelebeituo Peter Solo (DCFI Kohima), Bendandnungsang (ACFI Longchem), Orentsani C Kithan (DCFI Wokha), Vivi Nyuthe (ACFI Meluri) and Mhachio Mozhui (ACFI Chümoukedima).

Altogether, 274 candidates from 74 RD blocks have already been trained by the state mission, the update informed.