These are: i) banks directly promoting SHGs and providing them credit, ii) NGOs acting as SHPIs
and linking SHGs with banks for credit support, and iii) NGOs acting as intermediary MFIs and of-lending money to the SHGs.
The significance of qualifying as an SHPI is that the value of said interest will be equal to its liquidation value.
A partnership must make a formal Safe Harbor Election and attach the election to its tax return, which includes the effective date of the election, if it wants to issue an SHPI.
The one thing that I focused on when I became CEO is the transition of SHPI
from an underperforming, early stage R&D company, to a successful operating company, with multiple revenue streams and strategic relationships," Soinski says.
The LiftLoc system is the first SHPI
product to be manufactured and marketed under its own label as well as supplied as a private label product system to OEM partners such as Bard Access Systems and Merit Medical.
Evans has been responsible for the patent prosecution for SHPI
for the past six years.