ADB (Asian Development Bank) funded loan scheme for economically and financially viable projects in order to boost the agriculture and agro-based industries, fisheries, ornamental fisheries and aquaculture, livestock animal husbandry and poultry, tourism and export-oriented businesses.
| Maximum Loan Amount | Women led Enterprises | Interest Rate (%p.a) |
|---|---|---|
| LKR 50,000,000.00 | LKR 50,000,000.00 | 9.5% |
Features
- Maximum repayment period
- 24 months for working capital
- Upto 72 months for other projects(CAPEX)
- Eligible Sectors - any sector except trading, leasing and renting businesses
- An annual turnover less than SLR 750 million; (the parent company and any subsidiaries)
- Employee strength less than 300 for manufacturing business and less than 200 for service sector business.
Conditions for the Women led Enterprises
- At least 51% of the enterprise ownership must be controlled by women
- At least 20% of the enterprise ownership is controlled by woman with woman is either the Chief Executive Officer or the Chief Operations Officer and at least 30% of the board members are women; where a Board exist.
| Eligible projects | Eligible expenditure |
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Documents Required
- Copy of BR
- Loan application
- Environment Protection License (EPL)
* Additional time will be taken for processing any loan with any deviations from the eligibility criteria.
