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::

* Interest free loan scheme for women entrepreneurs in Sri Lanka launched
Sun, Mar 9, 2014, 04:55 am SL Time, ColomboPage News Desk, Sri Lanka.

Mar 08, Colombo: Marking the International Women's Day, Sri Lankan President Mahinda Rajapaksa Saturday launched the 'Liya Isuru' interest free loan scheme for women entrepreneurs in the country.

Under the free loan scheme for women entrepreneurs announced in the 2014 Budget and implemented by the Regional Development Bank women entrepreneurs can get an interest free loan of maximum Rs. 200,000 irrespective of their age without need for collateral.

The government has allocated Rs. 3.2 billion for the loan scheme in the first stage. This is the first time such a loan scheme has been implemented in the country.

Addressing the function held at the Sugathadasa Indoor Stadium in Colombo to launch the loan scheme Saturday, President Rajapaksa said Sri Lanka setting an example to the world, always gives priority to women and the Sri Lankan women are holding important positions in many prominent sectors and winning the world.

The President appreciated the contributions being made by the women for strengthening the economy of this country.

At the function today the President presented loans to 1,500 women representing the entire island.

Ministers Basil Rajapaksa and Tissa Karaliyadde, Parliamentarian Duminda Silva, Finance Secretary Dr. P.B. Jayasundera and Provincial Development Bank Chairperson Keshala Jayawardena were among those present on the occasion.

(Photos by Chandana Perera)

ColomboPage - Recent 10 Stories
Sri Lankan government will assist the parties to defend the LTTE ban
-- [1 hour and 31 minutes ago]
Sri Lankan President hopes the Deepawali festivities will add to the spirit of reconciliation
-- [2 hours ago]
Sri Lanka business chamber to hold post budget seminar
-- [2 hours ago]
Human-elephant conflict in Sri Lanka claims lives of over 60 people and 250 elephants annually
-- [2 hours ago]
Sri Lanka monk party leaders discuss reform proposals with the President
-- [3 hours ago]
Defense Ministry to conduct survey on lost properties of Sri Lankans in the North
-- [3 hours ago]
Doubts raised on Pope's visit to Sri Lanka amid snap presidential polls
Opposition MPs say election materials are being prepared in Sri Lanka Port Authority Defense Training School
Sri Lanka to appeal to Europe Court of Justice on lower court ruling to lift sanctions on LTTE
Browns Hotels and Resorts of Sri Lanka to develop four-star hotel in Maldives

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.