Page 22 - LTFS TamilNadu TTC
P. 22
Source of credit
WEs having loan
93%
Yes
No
7%
Yes No
• During the rapid assessment it was found that after the intervention, majority
of the respondents started taking loans from SHGs and nationalised banks
(Indian Bank) for expanding their business
• Further, respondents preferred Indian Bank for loan acquisition over LTFS as
the interest rate is higher at LTFS compared to Indian Bank. Secondly,
respondents found Indian Bank to be a one stop solution as they get most of
their government entitlements (schemes & benefits) from Indian Bank.
