| 2 |
Date of Approval & Completion |
28-02-2018, 28-02-2023 |
| 3 |
Project Objectives |
- Provision of interest free loans to approximately 1,31,655.
- Amount to be disbursed (Revolved) Rs.3949.650 million.
- Service charges @ 7% Rs. 276.476 million
- Bad debts @ 3% of total loan portfolio Rs. 22.500 million.
- Self-employment.
- Poverty alleviation.
- Enhancing economic growth.
|
| 4 |
Project Duration |
5 years extendable up to 10 years |
| 5 |
Loan limit |
Up to Rs. 0.075 million. |
| 6 |
Average loan size |
Rs. 0.030 million. |
| 7 |
Interest rate to borrower |
0% (Interest free). |
| 8 |
Repayments period of loan |
Up to 3 years. |
| 9 |
Target Group |
- Small scale entrepreneurs including agriculture and livestock.
- Un-employed & skilled persons.
- Un-skilled person to start up or expand business.
|
