Nepal: Quake survivors can avail six types of soft loan from banks

The National Reconstruction Authority is preparing to launch a comprehensive post-reconstruction rehabilitation programme for earthquake and natural disaster victims.

The government had recently endorsed the integrated working procedure to avail disaster victims with subsidised loan from banks and financial institutions.

The NRA will send one social mobiliser to each local level and one engineer to each district to help victims get loans to uplift their social and economic condition.

NRA Chief Executive Officer Sushil Gyewali said his office was trying to get assistance from the World Bank to send social mobilisers to each local level and engineers to each district. Social mobilisers will provide social and technical support to disaster victims and engineers will refer the victims to the concerned agencies for subsidised loan. The government came up with this policy as the previous plan to provide loan did not work properly.

Read entire article Quake survivors can avail six types of soft loan from banks | Rewati Sapkota | The Himalayan times >

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