783 business plans for ‘Enterprise Sri Lanka and Thurunu Diriya’

As of August 2018, the Small Enterprises Development Division (SEDD) of the Ministry of National Policies and Economic Affairs has prepared 783 business plans for the ‘Thurunu Diriya’ loan scheme from all corners of Sri Lanka. Meanwhile, 1,030 young entrepreneurs eligible to receive this loan have already been identified and 390 business plans have been handed over to the Bank of Ceylon (BOC) branches island-wide. 

BOC, 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, implemented the Thurunu Diriya loan scheme with the aim of assisting to boost the economy of young Sri Lankan entrepreneurs. This is a special loan scheme designed for potential young entrepreneurs under 35 years of age, possessing a degree or a recognised vocational certificate, and being in the business for a minimum of three years. To date, it has attracted a large number of young entrepreneurs around the country due its unique and attractive benefits, such as the granting of loans without a guarantor and collateral or with lenient guarantor conditions.

Provincial progress meetings to review the progress of granting Thurunu Diriya loans are currently underway. Progress review meetings related to the Western, Central and North Western provinces were already held and the progress review meetings of the rest of the provinces are scheduled to be concluded by the beginning of October.

Further details related to this loan scheme can be obtained from the nearest BOC branch or the divisional secretariat office.