Women entrepreneurs dominate BOC ‘Thurunu Diriya’

A Thurunu Diriya Loan Recipient, Dissanayake – Eppawala

BOC ‘Thurunu Diriya’ loan scheme has disbursed 191 loans for women entrepreneurs, while disbursing 121 loans for male entrepreneurs as at 21 November. 

This was revealed by a report on ‘Gender-wise breakdown of loans disbursed’ which was prepared by Bank of Ceylon on 27 November. As per the report, it was revealed that, the gender wise breakdown of Thurunu Diriya loans are dominated by women, by receiving 22% of more loans than that of males. 

The high concentration of Thurunu Diriya loans in the hands of young women entrepreneurs demonstrate the passion, the young women in Sri Lanka possess to start their own businesses and form a base to stand on their own feet as successful businesswomen one day. This loan scheme has provided them the opportunity to develop their already launched business and contribute to national economic growth.

Thurunu Diriya loan scheme is implemented with the coordination of District and Divisional Secretariats island-wide with the objective of empowering the young entrepreneurs. This special loan scheme provides loans for young entrepreneurs who are engaging in small scale businesses related to various fields such as beauty culture, automobile repairing, garments, Information Technology (IT), agriculture, etc. 

The Thurunu Diriya loan scheme provides loans without a guarantor and collateral or with lenient guarantor conditions, for entrepreneurs below the age of 40 years, who possess a degree or a recognised vocational certificate and who has been in the business for minimum of three years. 

Further details on this loan scheme can be obtained from Bank of Ceylon branches or the Divisional Secretariats island-wide.