Flood-hit cooperatives to get support of USD 57,000 for rehabilitation
Summary
Savings and credit cooperatives damaged by the Bhotekoshi-Trishuli floods in Rasuwa and Nuwakot will receive $57,000 in international support for rehabilitation. The funding includes a $50,000 pledge from South Korea’s NACUFOK and additional commitments from other organizations.
Key Points
- Savings and credit cooperatives hit by the Bhotekoshi-Trishuli floods will receive US $57,000 in rehabilitation support.
- South Korean National Credit Union Federation (NACUFOK) has pledged $50,000, with another $7,000 committed by other organizations.
- Fifteen cooperatives in Betrawati and Trishuli of Nuwakot were completely destroyed, including 12 savings and credit cooperatives.
- Assets such as buildings, documents, computers and passbooks were washed away, and some members and shareholders died or remain missing.
