Description: Sthreenidhi has been set up as an alternative to micro finance institutions offering loans to SHGs at nominal interest rates. Sthree Nidhi Credit Cooperative Federation is promoted by Mandal Mahila Samakhyas and Federations of Self Help Groups (SHGs) at Mandal level, in association with the Government of Andhra Pradesh. Sthree Nidhi’ is specifically created to meet needs of women • To supplement credit to SHG members while ensuring that SHGs give first priority for availing of loans from banking sector and then only look at the option to avail from ‘Sthree Nidhi.
Beneficiaries: women
Community.
Benefit Type: Loan and Interest Subsidy.
Eligibility Criteria: must be a member in self-help group.
How to Avail: eligible women of Self help Groups should approach the Community Coordinator of Indhira Kranthi Patham ,Andhra Pradesh.
Reference URL:https://www.sthreenidhi.ap.gov.in/SNBank/UI/Home.aspx
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