"Society for Micro Economy Development Activities"
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Holistic transformation by empowering the poor with appropriate means
To assist the poor of North Eastern India to achieved a higher standards of living by providing client-centered financial services
To alleviate poverty by assisting the poor to get access to financial capital at a reasonably low rate of interest through micro credit and through skills development.
Our CLS grant financial aid to people group or entities who may be marked as non credit worthy by formal financial institutions due to their occupation listed below
We ,as SoFMEDA adopt the SHG model for delivering the micro loans to the poor stata of a community thereby, catering to their financial needs
Why the Group Concept?
This financial assistant is for those people who want to expand their businesses and becomes entrepreneurs and even job creation
Our CLS grant financial aid to people group or entities who may be marked as non credit worthy by formal financial institutions due to their occupation listed below
From loan Amount of ₹ 20,000
To loan Amount of of ₹ 200000
We ,as SoFMEDA adopt the SHG model for delivering the micro loans to the poor stata of a community thereby, catering to their financial needs
1st Cycle loan of ₹ 10,000
2nd Cycle loan of ₹ 20,000
3rd Cycle loan of ₹ 30,000
This financial assistant is for those people who want to expand their businesses and becomes entrepreneurs and even job creation
1st Cycle loan of ₹ 20,000
To loan of ₹ 200000
To loan of ₹ 100000
To loan of ₹10,00,000
Year of Experience
Our work and endeavor aims to shine a positive influence to the society and communities that we come intouch with.
Why Choosing Us!
Our work and endeavor aims to shine a positive influence to the society and communicate that we come intouch with
Explore MoreTestimonial
Mr Sangliangkhuma (clients) and Mrs. Lalthansangi Sailo(Promoter)
Mr Sangliangkhuma receiving ₹ 100000 for his expansion of his groceries shop in happy valley,Shillong,Meghalaya
Mrs. Rothangpui with her roadside vegetables shop in Madanryting Received a loan of ₹ 50000
Mrs. Deihnu Gangte received a loan of ₹ 100000 for opening a grocery shop in Madanryting
Mrs. Lalhruaipuii received a loan of ₹ 200000 as MTL to invest in her readymade shop in Happy Valley, Shillong