BOC Thurunu Diriya disburses over 300 loans island-wide

Thursday, 22 November 2018 00:00 - - {{hitsCtrl.values.hits}}

The Bank of Ceylon (BOC) ‘Thurunu Diriya’ loan scheme has disbursed loans worth Rs. 135,065,500 among 312 young entrepreneurs up to date.

This is a 7.5% growth compared to the previous week. This was revealed by the weekly progress report of implementing the Thurunu Diriya loan scheme, which was released by BOC on 21 November.

Further, this report reveals that the Thurunu Diriya loan scheme has disbursed loans in all 25 districts of the island, and the district-wise loan disbursements are led by Ratnapura, by disbursing 46 loans up to date. Meanwhile, the provincial-wise loan disbursements are led by the Western and Sabaragamuwa Provinces.

This special loan scheme is implemented with the coordination of District and Divisional Secretariats island-wide with the objective of empowering young local entrepreneurs. This loan scheme provides loans for young entrepreneurs around the island who are engaging in various businesses.

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 have been in the business for a minimum of three years. Further details on this loan scheme can be obtained from BOC branches or Divisional Secretariats island-wide.