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DASUNA Revolving provides financial facilities - to micro scale industries under the Southern Province Rural Economic Advancement Project (SPREAP). The objective of the credit scheme is to promote the development of industries by providing term loans. The project is implemented in the entire Southern Province (Galle, Matara and Hambantota Districts).
Eligibility:
- Selected agriculture, animal husbandry, manufacturing and service sub-sectors
- The total investment in fixed assets excluding the land and buildings – should not exceed Rs. 3 Mn on completion of the project
Loan Amount: Up to Rs. 1 Mn with a minimum of Rs. 40,000/-
Interest Rate: 10.5% per annum
Repayment Period: Between 3 to 7 years including a grace period of 2 years
For more Information contact Indika Kudagama on 0777 418725 or 0112 448 448 Ext: 3166
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