‘Enterprise Sri Lanka – BOC Thurunu Diriya’ disburses over 370 loans island-wide

A Thurunu Diriya loan recipient

The ‘Bank of Ceylon ThurunuDiriya’ loan scheme has disbursed loans worth Rs. 161,690,500 among 378young entrepreneurs 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 on 12 December.  Further, this report reveals that, the ‘ThurunuDiriya’ loan scheme has disbursed loans in all 25 districts of the island and the district-wise loan disbursements are led by Ratnapura by disbursing 57 loans up to date. Meanwhile the provincial-wise loan disbursements are continuing to be led by Western and Sabaragamuwa Provinces.

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

The ThurunuDiriya loan scheme was launched by Bank of Ceylon in collaboration with the Policy Development Office (PDO) of the Prime Minister’s Office, theCentral Programme Management Unit (CPMU) and the Small Enterprises Development Division (SEDD) as a part of the Government’s Enterprise Sri Lanka program, specifically targeted at qualified young professional entrepreneurs. 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 Bank of Ceylon branches or the Divisional Secretariats island-wide.