Cooperative plans interest-free loans for the poor

KBN Souharda Cooperative president Syed Mohammed Ali Al-Hussaini speaking at an annual general meeting in Kalaburagi. | Photo Credit: ARUN KULKARNI The Khaja Bandanawaz Minority Souharda Cooperative Ltd. is considering mobilising interest-free fixed deposits and extending interest-free loans to economically weaker sections, cooperative president Syed Mohammed Ali Al-Hussaini has said.Addressing the annual general body meeting of the cooperative for 2025-26 at the KBN auditorium in Kalaburagi recently, Mr. Al-Hussaini said that the cooperative is functioning well with the support of its customers and is committed to serving the community.“The main foundation of a souharda cooperative is to help one another. Our objective is to ensure that the cooperative benefits as many people as possible.