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Agro Livestock Loan Scheme

Introduction

Development of Agricultural and Livestock Resources with the intention of providing capital to develop avenues generating income of the small scale farmers and other engaged in the production of milk in the agricultural sector

Project Implementation Area

All districts in the island.

Quantum of Loan and On-lending

Activity Maximum Loan Amount
9.1 Small Dairy Projects Rs. 400,000/-
9.2 Liquid Milk Processing     and Agriculture Crop Processing Industries Rs. 300 million

Repayment Period

Maximum time period for loan repayments will be 5 years inclusive of grace period, if required.

Securities

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

 

 

 

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