Western Province leads ‘Enterprise Sri Lanka, Thurunu Diriya’ loans disbursement

Monday, 27 August 2018 01:07 - - {{hitsCtrl.values.hits}}

The Western Province is leading the ‘Thurunu Diriya’ loans disbursement by disbursing 22 loans while a total of 87 ‘Thurunu Diriya’ loans have been disbursed island-wide as at 22 August.

This was revealed by the weekly progress report of implementing the ‘Thurunu Diriya’ loan scheme. As for this report, the provincial-wise and district-wise loan disbursement marks a growth of 14% when comparing with the previous week.

‘Thurunu Diriya’ loan recipients who are engaging in businesses belong to various categories such as beauty culture, garments, computer, mobile phones repairing, etc. appreciate the opportunity they received, which enabled them to develop their business, the dream of every businessman, by tackling the financial problems they faced.

The ‘Thurunu Diriya’ loan scheme is implemented by the Bank of Ceylon with the assistance of the Policy Development Office (PDO) of the Prime Minister’s Office and the Central Program Management Unit (CPMU) of the Ministry of National Policies and Economic Affairs to provide financial assistance to potential young entrepreneurs of Sri Lanka.

This special loan scheme provides loans with a low interest rate, without a guarantor and collateral or with lenient guarantor conditions, for entrepreneurs under 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 related to this loan scheme can be obtained from the nearest Bank of Ceylon branch or the Divisional Secretariat office.