Sabaragamuwa leads ‘Enterprise Sri Lanka-BOC Thurunu Diriya’ disbursement

Monday, 21 January 2019 00:00 - - {{hitsCtrl.values.hits}}

The Sabaragamuwa province leads ‘Enterprise Sri Lanka-BOC Thurunu Diriya’ loans disbursement by disbursing 96 loans up to date.

This was revealed by the weekly progress report of implementing the ‘ThurunuDiriya’ loan scheme which was released by the Bank of Ceylon (BOC0 on 16 January. This report also reveals that the Ratnapura district leads the district-wise loans disbursements by disbursing 77 loans, and Eheliyagoda Divisional Secretariat (DS) leads DS-wise loan disbursements in the island. Further, this report reveals that this loan scheme has disbursed loans worth Rs. 205,869,628 among 483 young entrepreneurs.

The Thurunu Diriya loan scheme is a special loan scheme designed for potential young entrepreneurs who are engaging in various businesses belonging to various categories from all corners of the country such as beauty culture, garments, computer and mobile phone services, etc. This has given them the opportunity to receive loans with a low interest rate, which they have used to overcome the financial problems they face and develop their businesses.

The Thurunu Diriya loan scheme was implemented by the BOC with the assistance of the Policy Development Office (PDO) of the Prime Minister’s Office, the Central Program Management Unit (CPMU) and the Small Enterprises Development Division (SEDD) of the Ministry of National Policies, Economic Affairs, Resettlement and Rehabilitation, Northern Province Development, Vocational Training and Skills Development and Youth Affairs, to provide financial assistance to potential young entrepreneurs of Sri Lanka.

This 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 BOC branches or the Divisional Secretariats islandwide.