Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Loan scheme to encourage female entrepreneurs in Sri Lanka successful
Sun, Apr 13, 2014, 12:28 am SL Time, ColomboPage News Desk, Sri Lanka.

Apr 12, Colombo: A loan scheme launched especially to encourage female entrepreneurs in Sri Lanka to be self-sufficient has been successful, an official said.

Keshala Jayawardena, the Chairperson of the Regional Development Bank (RDB) has said that the loan scheme launched with the objective of encouraging female entrepreneurs to be self-sufficient has been a success.

According to the official, the Bank has made arrangements to grant loans to 50 female entrepreneurs from each of its 267 branches in the country. The RDB aims to grant loans to 13,400 women the official said.

The loans up to Rs, 250,000 given under the scheme are interest-free. The loans have period of three years to be settled. The beneficiaries have to pay a low monthly installment.

Sri Lankan President Mahinda Rajapaksa introduced the loan scheme for female entrepreneurs in the Budget presented for this year. It was launched on March 8th to coincide with the International Women's Day.

ColomboPage - Recent 10 Stories
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives
-- [1 hour and 49 minutes ago]
India to supply two naval offshore patrol vessels to Sri Lanka - report
-- [2 hours ago]
Sri Lanka police use water cannons and tear gas to disperse university students' march
-- [2 hours ago]
Sri Lanka's Sinhala Buddhist extremist group to contest for the upcoming elections
-- [2 hours ago]
Sri Lanka External Affairs Minister defends ministry secretary against 'unfounded allegations'
-- [3 hours ago]
Iran calls for expanding politico-economic relations with Sri Lanka
-- [4 hours ago]
Opposition lawmakers on fact finding mission attacked in Sri Lanka
-- [9 hours ago]
EU General Court says ruling to lift sanctions on LTTE is a legal ruling not a political decision
Asia Foundation and Justice Ministry assess land disputes in Sri Lanka's Northern and Eastern Provinces
Tamil organization seeks MOU between Sri Lanka and India to facilitate return of Tamil refugees

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.