Introduction

The implementation of this special Loan Scheme, introduced through the 2007 , with the intention of improving the income generating Sources of small farmers and the self-employed engaged in varied economic activity in the field of agriculture.

Project Implementation Area

All districts in the island

Quantum of Loan

Maximum per person is Rs.100,000/- while the minimum is Rs. 10,000/-

Repayment Period

Should be between 09 to 36 months. (Any grace period allowed also should be within the stipulated 3 year period.)

Securities

• Two Personal Guarantors acceptable to the Bank or
• Mortgage over movable or immovable property or
• Other securities acceptable to the Bank.