The Riangkang Service Cooperative Society Ltd. is situated in West Khasi Hills District and was registered sice 1970 with its registration No. Shill. 35/1970 dt. 2.1.1970. It is regarded to be the best performing Service Cooperative Society in the area and is at a distance of 68 Km from Nongstoin. The area of operation of the society covered over sixty- five villages and has a total membership of 200 Nos.

The main of activity of this service society is loaning operation, mostly short term loan. Loan availed during the year is Rs. 6 lakhs on KCC and Cash Credit Limit, consumer’s business and other essential commodities, sales of fertilizers to the farmers, marketing of agricultural produce like ginger, turmeric and other forest produces like broomstick etc. Under the implementation of ICDP schemes, the society have started to set up a mini tea factory also, mini banking with renting of power tillers.

The latest financial position of the society is given below :