Micro finance in ngo

Is this allow to an ngo to operate a micro finace ? if any ngo wants to issue loans in shg (self help group) and collect back the loan with intrest then its allowed or not ? plz reply !

 

Replies (2)

commercial activity not allowed for considertion  ngo 

ngo set up of help for society

 

 

commercial activity not allowed for considertion  ngo 

ngo set up of help for society

only 20% of total income of ngo comes from 

commercial activity is allowed but business should be

supportive 

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