"The Awakening North" (PIBIDENA UTHURA) Loan Scheme

Objective
Provisioning of credit facilities required for capital investment for resumption of economic activities in the Northern Province.

Project Area – Districts
Project will be implemented in all the Districts in the Northern Province (Wanni, Jaffna)

Eligible Activities

• Agriculture and related activities
• Livestock development          -           Liquid milk production
                                             -           Poultry
                                             -           Goat Farming

• Fisheries and related activities
• Micro and small scale Enterprises
• Trade and other self employment projects

Loan Amount
Maximum loan amount Rs. 200,000/=

Repayment Period
Five (5) years.
To be repaid within 60 months with a maximum of 06 months grace period.

Securities

• Two personal guarantors acceptable to the Bank.
• Mortgage over a movable or immovable property.
• Other security acceptable to the Bank.