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
Sri Lanka Marxist party says there is a growing trend of communal clashes
-- [9 hours ago]
Canada encourages Sri Lanka to fulfill its commitment to UNHRC on the anniversary of Black July
Sri Lankan PM questions how fighting corruption is political revenge
Government warns plantation companies failing to pay Rs. 2500 wages increment to workers
Two Japanese naval ships arrive at Sri Lanka's Colombo Port
Sri Lanka plans LPG imports from Iran again
Sri Lanka hopes to restore crude oil imports from Iran
President to deposit treasure items in Moragahakanda Kalu Ganga reservoir project tomorrow
Pakistan national carrier confirms talks with SriLankan on leasing four A330s
Sri Lankan President instructs to raise VAT on tobacco and remove private healthcare charges

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.