Four hundred and ninety six young entrepreneurs have been identified from the Sabaragamuwa Province to receive “ThurunuDiriya” loans.
This was revealed at the progress review meeting for the Sabaragamuwa Province, held on August 17 at the Ratnapura District Secretariat.
It was further revealed that 12 loans have been disbursed for young entrepreneurs in this province, while business plans for 105 entrepreneurs were prepared by Small Enterprises Development Division of the Youth Affairs, Project Management and Southern Development Ministry and forwarded to Bank of Ceylon.
The “ThurunuDiriya” loan scheme was launched by the Bank of Ceylon with the assistance of the Policy Development Office of the Prime Minister’s Office and the Central Programme Management Unit (CPMU) of the Ministry of National Policies and Economic Affairs, to empower young entrepreneurs in Sri Lanka.
The nominated officials representing the Ratnapura and Kegalle District Secretariats, Bank of Ceylon, the Central Programme Management Unit (CPMU) of the Ministry of National Policies and Economic Affairs, the Policy Development Office of the Prime Minister’s Office, Small Enterprises Development Division of the Ministry of Youth Affairs, Project Management and Southern Development and 27 out of 28 Divisional Secretariats of the SabaragamuwaProvince, participated in this progress review meeting.
The BOC ThurunuDiriya loan scheme grants loans without a guarantor and collateral or with lenient guarantor conditions, for small-scale young entrepreneurs under 40 years, who have been in the business for minimum of 3 years and possess a degree or a recognized vocational certificate. Further details of this loan scheme can be obtained from the nearest Bank of Ceylon branch or Divisional Secretariat.