Under Credit to Women Program during, July-March, 2005-06 loans of Rs 58.592 million had been disbursed by female MCOs and Rs 896.371 million through male MCOs. According to official sources, Credit to Women Program aims at making credit more accessible to rural women through Female Mobile Credit Officers (MCOs).
Under Credit to Women Program, women can meet their credit needs through both Micro Credit & General Credit Scheme. Presently, 18 FMCOs are exclusively looking after credit needs of women in 17 branches of the Bank, whereas female borrowers may also obtain loan through male MCOs throughout the country.
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