Nepalgunj:About 1,300 savings and loan cooperatives have been launching income generating schemes across the country.

This was disclosed at the conclusion of a four-day book-keeping and management training organised by Subham Saving and Credit Cooperative in collaboration with the Nepal Savings and Loan Cooperative Association.

It is estimated that investments of over Rs. 8 billion have been made through such cooperatives throughout the country.

Some 350 cooperatives in 45 districts are affiliated to the association and some 20 thousand groups are involved in this field.

Such cooperatives have been running income generating schemes since 2045 B.S., it is learnt.