EATACOL – Finance for all

Ten years after the launch of EA, the organisation was approved and conferred the role of being the apex level organisation in promoting thrift and credit in the state, through its entity Nagaland Entrepreneurs Associates Thrift and Credit Cooperative Federation Ltd. (EATACOL). It is a public private partnership promoted by EA with the Government of Nagaland, Department of Cooperation.

In 2010, the government of Nagaland declared the year to be “Year of the Entrepreneur”, actively engaging EA. The Government of Nagaland awarded EA with a cash award of Rs.1 Crore.  This flagship programme of the government further encouraged a number of organisations to take up entrepreneurship as a focused theme. It also saw the birth of few other organisations solely engaged with promotion of entrepreneurship. In the following year, the Government of Nagaland extended its support with an additional cash award of Rs. 1.5 Crore.