Highlights

• Micro entrepreneurs engaged in legally accepted and commercially viable livelihood activities either in Agriculture, Industries, Services or Trading activity for a over period exceeding of one year.  
• Special consideration to new or existing 'DIVISARU' savers who make deposits regularly.
• Loans to build, purchase, renovate and other infrastructure developments. 

Benefits

Intention of providing fully fledged financial solution to micro entrepreneur segment including satisfaction of their housing needs.

1. Longer repayment period.
   
2. Flexible approach and fast approval.
3. Attractive and competitive low interest rates.

Purposes

Purchase of land or construction of house. 

Extension or renovation of existing house. 

General electrification and solar installation including on grid/off grid or bio gas residential Power Systems. 

Water supply and other infrastructure developments.

Eligibility

Micro entrepreneurs engaged in legally accepted and commercially viable livelihood activities either in Agriculture, Industries, Services or Trading activity for a over period exceeding of one year.

Micro entrepreneurs involved in any livelihood actives with special consideration to Divisaru Account holders who have 10% of the request value of the loan. 

Primary income earner should be the principle borrower or co –borrower and the property owner.

Loan amount

Depending on your need and income, you could borrow up to Rs 1.0 million.

Repayment

Maximum 07 years repayment. 

Monthly / quarterly / biannually repayment can be arranged in line with the income generating pattern of the project. 

Documents required

The following documents are required to process a loan application; 

Entrepreneurs / Self Employed

1. Entrepreneurs and self-employees who are with proven track records of income, should submit such evidence.
2. Documentary evidence regarding any Higher Educational / Professional Qualifications (If available).
3. Any other documentary evidence to prove additional income.

Other documents 

1. Duly completed loan application.
2. Copy of Sri Lankan National Identity Card / Passport / Driver’s License.
3. Electricity / Water bill or Grama Niladhari Certificate to verify the permanent address and residence.
4. Copies of business registration and documents related ownership of business premises or agriculture conducted land.
5. Evidence for latest income details (If applicable).
6. Documents/evidence to show the project cost.
7. Any other documentary evidence required to ensure the existence of the business.

Terms & conditions apply

Product information and terms & conditions are subject to change from time to time. Therefore, it is advisable to contact the branch nearest to you for the latest information and prevailing terms & conditions.