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People’s Bank held ceremonies in the Kalpitiya, Kandakuliya and on the Kudawa beach, distributing Aswenna loans – a unique product launched to support the Government’s development program to create a self sufficient nation.
The event was attended by People’s Bank Chairman Sujeewa Rajapakse and Chief Executive Officer/General Manager Ranjith Kodituwakku. The loans were distributed to those in the fishing industry, to purchase multi-day and single-day boats, nets and other tools as well as for ice manufacturing.
In addition to this, Vanitha Saviya loans, introduced by the Bank to empower female entrepreneurs, were also handed over to the loan recipients during the event.