‘Enterprise Sri Lanka - BOC Thurunu Diriya’ disburses loans worth over Rs. 180 m

Monday, 31 December 2018 00:54 - - {{hitsCtrl.values.hits}}

‘Enterprise Sri Lanka - BOC Thurunu Diriya’ loan scheme has disbursed loans worth Rs.183,800,500.00 among 427 young entrepreneurs island-wide up to date.

This was revealed by the weekly progress report of implementing the ‘Thurunu Diriya’ loan scheme, which was released by the Bank of Ceylon on 26 December. This report also reveals that the provincial-wise disbursement of ‘Thurunu Diriya’ loans continues tobeled by the Western and SabaragamuwaProvinces, disbursing 80 loans each, while Ratnapura District leads the District-wise loans disbursements by disbursing 63 loans. 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 such as beauty culture, garments, computerandmobile phone services etc., from all corners of the country. 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 Bank of Ceylon, 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, 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 have been in the business for a minimum of three years. Further details on this loan scheme can be obtained from Bank of Ceylon branches or Divisional secretariats island-wide.

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