This loan scheme is implemented with the objective of enhancing the income avenues and livelihood of the poor communities in dry zone areas in the Districts of Anuradhapura, Badulla and Monaragala.
FOR WHOM?
This Loan Scheme is implemented targeting the micro, small, medium scale entrepreneurs who are engaged in income generating activities. Women participation of 80% is expected in granting loans under this scheme.
MAXIMUM LOAN AMOUNT
- Micro Projects Rs. 50,000/= to be repaid in 36 months.
- Medium Project Rs. 200,000/= to be repaid in 36 months.
- Village Societies Rs. 300,000/= to be repaid in 48 months.
SECURITEIS
Inter se guarantee of two members of the Group obtaining loans, a mortgage over an immovable or movable property or any other security acceptable to the Bank. |
