One-hundred-and-twenty-three Thurunu Diriya loans have been disbursed islandwide as of September 19, according to the weekly progress report of the loan scheme released by the Bank of Ceylon.
The provincial-wise disbursement of Thurunu Diriya loans shows that the Western Province leads with the granting of 30 loans and Ratnapura leads district-wise loans disbursement with 14 loans. Thurunu Diriya loans have not been disbursed in the Kilinochchi and Batticaloa districts to date, according to the report.
The Thurunu Diriya loan scheme is implemented by the Bank of Ceylon with the assistance of the Policy Development Office (PDO) of the Prime Minister’s Office, the Central Programme Management Unit (CPMU) of the National Policies and Economic Affairs Ministry and the Small Enterprises Development Division (SEDD) of the Youth Affairs, Project Management and Southern Development Ministry to provide financial assistance to potential young entrepreneurs.
Apart from assisting young entrepreneurs in getting loans, the District Secretaries, in collaboration with the SEDD, conduct awareness programmes within their districts to promote this loan scheme and identify potential young entrepreneurs in their areas.
The Thurunu Diriya loan scheme provides loans without a guarantor and collateral or with lenient guarantor conditions for entrepreneurs who possess a degree or a recognised vocational certificate and who have been in business for at least three years.
Further details related to this loan scheme can be obtained from Bank of Ceylon branches or the Divisional Secretariats islandwide.
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