“More members will be sanctioned loans this year. All the necessary actions to provide loans will be taken,” said president of Agara Agricultural Cooperative Society Mamballi Nanjundaswamy.
He was speaking at the 2015-16 annual meeting of the cooperative society held, on Monday.
“Last year we provided loans to 71 members. This year, we are planning to extend the loans to more members. The society received Rs 25,000 profit last year. The society will be further developed in the coming days. Fertilizers and other needs of the farmers will be provided by the society,” he said.
Vice president of the society Govinda, directors Puttasubbappa, Nagasundaramurthy, Mahadevaiah, Puttanna, Shivaraju, Cheluvamma, Susheelamma, L Lingaiah and others were present.
President of Agara Agricultural Cooperative Society Mamballi Nanjundaswamy addressing members at the annual meeting on Monday.